Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Agrium's Profit Rises on Stronger Sales
10:39 AM MDT | November 3, 2011 | Lindsey Bewley
Agrium reported third-quarter net income of $293 million ($1.85/share), up 380% from the year-ago quarter. Sales were up 52%, to $3.1 billion. The 2011 third quarter results included a pre-tax gain of $1-million on natural gas and other hedge positions and a pre-tax recovery of $46-million on share- based payments expense. “Results from our retail business were particularly strong this quarter, as we achieved record sales and our second highest earnings for a third quarter,” Mike Wilson, Agrium president and CEO. “We expect the strength...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee