Agrium 1Q income off 9 percent; adds 17 retail locations, more to come

摘要

Agrium Inc. announced consolidated net earnings of $141 million ($0.94 diluted earnings per share) for the first quarter of 2013, compared with net earnings of $155 million in the first quarter of 2012 ($0.97 earnings per share). The 2013 first-quarter results included a $16 million ($0.09 earnings per share) share-based payments expense. Excluding this item, net earnings would have been $153 million ($1.03 earnings per share). Sales were down 10 percent, reflecting reduced volumes due to a late spring season this year and an early one last year. Sales were $3.22 billion, compared to the year-ago $3.57 billion.