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Agrium sees Q4 net profit fall 48% to US$51M; sales off 6% at US$2.7B

2015-02-24 03:31:10| Chemicals - Topix.net

Agrium Inc. has reported a 48 per cent year-over-year decline in fourth-quarter profits as overall sales fell six per cent, mainly as a result of downtime at its Vanscoy potash facility and Redwater nitrogen plant. The Calgary-based fertilizer producer and marketer says fourth-quarter net earnings were US$51 million or 33 cents per share, down from US$99 million or 66 cents in the same 2013 period.

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