nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

Land O' Lakes’ sales down 13% in H1 of 2015qrcode

Aug. 7, 2015

Favorites Print
Forward
Aug. 7, 2015

Land O' Lakes’ sales down 13% in H1 of 2015

Land O'Lakes, Inc. recently announced Q2 financial results, reporting year-to-date net sales of $7.1 billion and net earnings of $180 million for the period ending June 30, 2015.

Q2 net earnings were $80.9 million on sales of $3.4 billion. These results fall below the same six-month period in 2014. 
 
"Our overall result through the Q2 continues to be negatively impacted by declining commodity markets with results below last year's record first half," stated Chris Policinski, Land O'Lakes, Inc. President and CEO. 
 
The crop inputs segment, which includes WinField Solutions, is performing below 2014's record levels, driven by lower volumes and margins as a result of lower commodity prices and increased competitive activity. 
Source: Land OLakes

Picture 0/1200

More from AgroNews

Magazine

Annual Review 2019 2019 CRO & CRAO Manual
2019 Market Insight Chinese issue of 2019 Market Insight
2019 India Pesticide Suppliers Guide 2019 Biologicals Special
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.