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People & Business :: Companies

Terra Sees Fourth Quarter and Full Year Income Rise

10:16 AM MST | February 10, 2009 | Vincent Valk

Terra reported fourth-quarter income of $164.7 million, or $1.65/share, up from $68.4 million last year. Full-year income rose to $631.9 million from $196.8 million. The company declared a dividend of 10 cts/share, payable on April 7, 2009 to shareholders as of March 18, 2009. Fourth-quarter revenues were $683.5 million, and full-year 2008 revenues were $2.9 billion, both increases. “Terra delivered strong fourth quarter results in a difficult environment, and the best full-year results in the company’s more-than-40-year history,” says president...

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