27 January 2011 12:07 [Source: ICIS news]
LONDON (ICIS)--Potash Corporation of ?xml:namespace>
The group’s sales for the three months ended 31 December 2010 grew 65% year on year to $1.81bn as a result of strong fertilizer demand.
"With global food demand as the powerful engine, we believe we have moved into the next stage of growth for our business. Our company stands poised to capitalize on that growth and we believe our fourth-quarter results provide a glimpse of the capabilities and earning potential of our expanding world-class operations," said PotashCorp president and CEO Bill Doyle.
The Canadian company’s 2010 full-year net income rose 84% year on year to $1.81bn, while sales for the year grew 64% to $6.54bn.
($1 = €0.73)
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