in this issue
People & Business :: Companies
CF Industries reports higher earnings on increased ammonia volumes
February 19, 2013 | Lindsay Frost
Record ammonia shipments in the fourth quarter contributed to CF Industries’ increase in net earnings—up 7%, to $470.7 million year-on-year (YOY). Results include $13.1 million of non-cash pre-tax mark-to-market gains on natural gas and foreign currency derivatives, which increased after-tax earnings per diluted share by 13 cts, the company says. Earnings per share of $7.40/share were higher than analyst consensus of $6.97/share, according to Thomson Reuters (New York). Net sales for the quarter were $1.5 billion, down 14% YOY due to lower average...
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