Yara International. Norway's ninth company by market cap. and the world's largest (nitrogen-based) fertiliser company. Second quarter earnings soared 44% on the back of very strong demand, especially from Brazil, and significantly higher grain prices. The growth rate may slow from here, but should still remain high; meanwhile it is also expanding through acquisitions - the most recent being a Finnish fertiliser company. A very simple play on the change in the grain cycle fuelled by Asia's demand for more and better food.
| Sedol |
Type |
Price |
Date |
| 7751259 |
Buy |
NOK 163.621 |
23/07/2007 | |
