2012年5月2日水曜日

Archer Daniels Midland 2012年1Q決算

EPS$0.60(市場予測$0.59)。株価は急上昇。

Third Quarter 2012 Highlights
• Adjusted EPS of $0.78 excludes a LIFO charge of $0.10 and restructuring charges of $0.08.
• Oilseeds Processing profit declined $117 million primarily due to the absence of significant,favorable timing effects which benefited year-ago results. Improved results in North and South America significantly offset weakness in Europe.
• Corn Processing results decreased $74 million as improved sweetener results were offset by poor ethanol margins.
• Agricultural Services profit rose $8 million, as lower North American grain exports were offset by improved international merchandising margins and volumes.
• Other businesses’ results were steady when excluding positive timing effects.
• Corporate costs include $74 million of pre-tax restructuring charges, or $0.07 per share, largely related to the global workforce reduction program.
• ADM returned $171 million to shareholders in the quarter, including buying back nearly 2 million shares.