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Potash Corporation of Saskatchewan Inc. (TSX:POT,NYSE:POT) announced that in Q4 2014 its earnings came to $407 million, or $0.49 per share. That’s up significantly from $230 million, or $0.26 per share, in the year-ago quarter.
Potash Corporation of Saskatchewan Inc. (TSX:POT,NYSE:POT) announced that in Q4 2014 its earnings came to $407 million, or $0.49 per share. That’s up significantly from $230 million, or $0.26 per share, in the year-ago quarter.
Other highlights include:
- Annual cash flow prior to working capital changes2 of $2.7 billion
- Record fourth-quarter potash sales volumes of 2.5 million tonnes
- Full-year 2015 guidance of $1.90-$2.20 per share; $0.45-$0.55 for the first quarter
Jochen Tilk, president and CEO of PotashCorp, commented:
Record potash sales volumes, combined with higher realizations across all three nutrients, raised our quarterly earnings near the upper end of our guidance range. As we look ahead, we see a supportive market environment – most notably in potash. We are ready to respond should demand for this nutrient prove stronger than expected and, as we balance operational flexibility with efficiencies, we believe PotashCorp is well positioned should conditions be more challenging.