Apr. 29, 2013
Sales of Dow AgroSciences’ were up by14.4% to $2,103 million versus the same period of last year in the first quarter of 2013 ended Mar, 31. EBITDA for this segment up by 7.3% to $484 million in the first quarter. Sales volume increased 11% and price rose 3%.
For the first quarter of 2013,Crop Protection sales rose 7% versus the same period of last year, and sales of new crop protection products grew 12% in the quarter versus the year-ago period.
Seeds, Traits and Oils achieved a 37% sales gain in the quarter versus the year-ago period, driven by strong farmer demand for SmartStax® corn hybrids.
Dow’s Agricultural Sciences sales results ($ million)
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Q1 ended Mar. 31
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Q1 2013
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Q1 2012
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% change
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sales
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2,103
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1,838
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+14.4
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EBITDA*
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484
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451
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+7.3
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*earnings before interest, tax, depreciation and amortization
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