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Cargill, third-quarter profit rise thanks to cost efficiencies

Net earnings were $566 million (+14%), revenues decreased 4% to $26.9 billion

Cargill today reported results for the fiscal 2019 third quarter and first nine months ended Feb. 28, 2019. Key measures include net earnings on a U.S. GAAP basis for the quarter were $566 million, a 14 percent increase from $495 million in the year-ago period. For the nine-month period, net earnings declined 3 percent to $2.33 billion.  Third-quarter revenues decreased 4 percent to $26.9 billion,...

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EFA News - European Food Agency
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