PotashCorp Reports Record First-Quarter Earnings on Stronger Prices and Volumes

Potash Corporation of Saskatchewan Inc. (TSX:POT,NYSE:POT) announced significant earnings increases over the same quarter last year.

The press release is quoted as saying:

Earnings before finance costs, income taxes and depreciation and amortization (EBITDA)(2) of $1.1 billion and cash flow prior to working capital changes(2) of $899 million substantially exceeded the first-quarter 2010 totals of $776 million and $633 million, respectively.

To read the full press release, click here.