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Cargill ‘s earnings slows in 4Q 2019

Due to uncertain global business environment

Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019: adjusted operating earnings were $476 million, down 41% from the $809 million earned in last year’s record fourth quarter. This brought Cargill ‘s earnings for the full fiscal year to $2.82 billion, 12% below last year’s top performance.Cargill ‘s net earnings on a U.S. GAAP basis were $235 million, down 67...

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EFA News - European Food Agency
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