Member access

4-Traders Homepage  >  Shares  >  Toronto Stock Exchange  >  Agrium Inc.    AGU   CA0089161081


SummaryChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Agrium Inc : Agrium reports strong third quarter results, expects record earnings year

11/03/2011 | 08:19am US/Eastern

CALGARY, Alberta -- Agrium Inc. (TSX and NYSE: AGU) announced today consolidated net earnings ("net earnings") of $293-million ($1.85 diluted earnings per share) for the third quarter of 2011, compared with the net earnings of $61-million in the third quarter of 2010 ($0.39 diluted earnings per share).

"Results from our Retail business were particularly strong this quarter, as we achieved record sales and our second highest earnings for a third quarter. Agrium's Wholesale results were also the second highest on record for a third quarter, due to yet another quarter of excellent margins supported by strong crop nutrient prices. We expect the strength in our business to extend through the fall application season and into 2012, due to the continuation of tight agricultural fundamentals providing economic incentive for growers to optimize crop acreage, yields and crop inputs 1," said Mike Wilson, Agrium President and CEO.

Recommend :
React to this article
Latest news on AGRIUM INC.
07/22 AGRIUM : Announces Release Dates for Second Quarter 2014 Results and Conference ..
07/08 New Potash Corp CEO sticks with output strategy as competition builds
07/02 AGRIUM : Completes Sale of Turf and Ornamental Business to Koch
06/26 AGRIUM INC. : ex-dividend day
06/25 AGRIUM : to Provide Climate Pro Technology to Customers Under Agency Agreement W..
06/09 TSX ends higher as energy, financials rise
05/09 AGRIUM : sells turf and ornamental line to Koch
05/09 AGRIUM : Enters Agreement to Sell Turf and Ornamental Business to Koch Agronomic..
05/07 Agrium CEO not aiming solely at job cuts to pare costs
05/07 AGRIUM : Declares Dividend
Duration : Period :
Agrium Inc. Technical Analysis Chart | AGU | CA0089161081 | 4-Traders
Income Statement Evolution
Agrium Inc. : Income Statement Evolution
More Financials
Dynamic quotes