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    market news

    Nutrien Provides 2018 Guidance and Announces Agrium and PotashCorp Fourth-Quarter Earnings

    Melissa Shaw
    Feb. 06, 2018 08:49AM PST
    Phosphate Investing

    Nutrien (Nutrien) announced today fourth-quarter 2017 results for Agrium (Agrium) and Potash Corporation of Saskatchewan (PotashCorp) and provided financial guidance for 2018. Highlights Agrium fourth-quarter earnings from continuing operations, adjusted for items not included in guidance, of $0.781 per share2(see page 5 for a reconciliation to net earnings from continuing operations of $0.19 per share) PotashCorp fourth-quarter adjusted earnings …

    Nutrien (Nutrien) announced today fourth-quarter 2017 results for Agrium (Agrium) and Potash Corporation of Saskatchewan (PotashCorp) and provided financial guidance for 2018.

    Highlights

    • Agrium fourth-quarter earnings from continuing operations, adjusted for items not included in guidance, of $0.781 per share2(see page 5 for a reconciliation to net earnings from continuing operations of $0.19 per share)
    • PotashCorp fourth-quarter adjusted earnings of $0.06 per share (see page 11 for a reconciliation to net loss of $0.09 per share)
    • 2017 earnings for Agrium were supported by record Retail EBITDA of $1.2 billion and margins of 10 percent while stronger potash prices, sales volumes and lower cash costs per tonne benefited both companies

    Click here to read the full text release.

     

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