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Xstrata Plc Reported a 12% Increase in Full-Year Profit
Feb. 07, 2012 11:03AM PST
Base Metals Investing
Bloomberg reported that Xstrata Plc (LSE:XTA) has decided to merge with Glencore International Plc (LSE:GLEN) and has reported a 12% increase in full-year profit.
Bloomberg reported that Xstrata Plc (LSE:XTA) has decided to merge with Glencore International Plc (LSE:GLEN) and has reported a 12% increase in full-year profit.
As quoted in the market news:
Net income before exceptional items rose to $5.79 billion from $5.15 billion a year earlier, Zug-based Xstrata said in a statement.