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Fertiliser maker Yara's Q1 lags forecast, eyes more cash to shareholders

OSLO, April 23 (Reuters) - Norwegian fertiliser company Yara posted a smaller-than-expected rise in first-quarter core profits on Friday and said it will consider further cash returns to shareholders in the coming quarters.

January-March earnings before interest, tax, depreciation and amortisation (EBITDA), excluding non-recurring items, rose 16% year on year to $585 million, lagging the $612 million median expectation of 11 analysts polled by Refinitiv. (Reporting by Terje Solsvik, editing by Victoria Klesty)

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