Cargill reports fourth-quarter and fiscal 2013 earnings
Cargill reported net earnings of $483 million in the fiscal 2013 fourth quarter ended May 31, up substantially from $73 million in the same period a year ago. Fourth-quarter revenues were $35.4 billion, a 4 percent increase from $34 billion in the year-ago period.
For the full fiscal year, Cargill earned $2.31 billion, nearly double the $1.17 billion realized in the prior year. Revenues totaled $136.7 billion, up 2 percent from last year's $133.9 billion. Cash flow from operations was $4.18 billion, a 19 percent increase from $3.51 billion in fiscal 2012.