IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

US drought and tax charges cause decrease in earnings for Agrium

10:10 AM MST | November 7, 2012 | Lindsay Frost

Agrium announced a drop in earnings for third-quarter 2012, with net income decreasing 56%, to $129 million, because of multiple tax-related charges, including a pretax, share-based payment expense of $53 million; a one-time charge of $66 million, related to environmental remediation liabilities; and a $5-million charge associated with the closure of its Courtright (Ontario) facility, announced in August. Excluding these charges, earnings would have been $215 million, or $1.34/share, the company says. Sales also fell—6%, to $2.9 billion...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa