CF reports lower 1Q N sales, but remains upbeat for 89-90 M acres of corn

摘要

CF Industries Holdings Inc. reported first-quarter net income of $230.6 million ($4.79 per diluted share) on net sales of $953.6 million. Overall, CF reported a three percent year-over-year decrease in revenues from the sales of nitrogen products during the quarter, primarily driven by a decrease in overall sales volumes. Nitrogen sales volumes were 2.91 million st, down from the year-ago 3.02 million st.