Agrium profits plunge in Q4

By Mark Watts
Published: Tuesday, 09 February 2010

Earnings fall 76% against Q4 2008; group hit by phosphate and potash price collapse

Agrium Inc. has reported a sharp decline in Q4 2009 profits as prices for fertiliser minerals plummeted from the previous year’s levels.

 

The Canadian agricultural group’s net earnings dropped 76% to $30m., while sales were $1,501m., representing a 24% decrease from Q4 2008.

 

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