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Regions :: North America
Margin Growth for Potashcorp
10:42 AM MST | February 27, 2009
PotashCorp expects its gross margins to increase significantly in the years ahead as the company continues to expand its potash production capacity. “It is possible that when all our current projects are complete, raising our annual capacity to 18 million m.t., our potash gross margin could climb around $25 billion annually,” says Bill Doyle, CEO of PotashCorp. The company posted a gross margin of $3.1 billion for 2008, and expects its gross margin to reach $4.5 billion-$5.5 billion in...
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