Archive for January 8th, 2015

Cargill’s net earnings up 41%

MINNEAPOLIS, MINNESOTA, U.S. — Cargill reported on Jan. 8 net earnings of $784 million in the fiscal 2015 second quarter ended Nov. 30, up 41% from $556 million in the year-ago period.

First-half earnings were $1.21 billion, a 7% increase from $1.13 billion a year ago. Second-quarter revenues decreased 8% to $30.3 billion, which brought first-half revenues to $63.6 billion.

“With first-rate performance in our agricultural, animal nutrition and meat businesses, Cargill posted strong results, outpacing recent quarters by a good margin,” ...

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