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-0.00117273600723434 -0.000937246849155056 -0.0010549914281947 -0.000226069591755971 -0.000348523953957184 0.000240198941240687 0.00235960136395323 0.000475688099319803
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Louis Dreyfus Posts Tepid Profit Again as Challenges Remain [Bloomberg Business News]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Louis Dreyfus Co. reported a third year of tepid profit as the food commodities merchant continued to struggle from bumper supplies that have hurt prices and trading opportunities in crops from wheat to corn. Dreyfus, one of the world’s top four agricultural traders, said net income rose 4 percent to $317 million last year, largely supported by a record year in metals. But excluding the metals unit -- which it agreed to sell in December -- net profit at the core agriculture business fell 16 percent to $224 million. The firm, controlled by 55-year-old billionaire Margarita Louis-Dreyfus, has been battling tough conditions as big harvests from Russia to Canada depressed prices and volatility. For the first time in a decade, the storied commodities firm didn’t pay a dividend in 2017 and increased its financing to Biosev SA, the large sugarcane processor that’s also owned by the family. "The continuing unpredictable environment of fluctuating market conditio Show less Read more
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