USA: ADM sees EPS growth in FY 2002
Decatur, Ill.-based agribusiness giant Archer Daniels Midland (ADM) has posted earnings per share (EPS) of US$0.78 for the FY 2002, ended 30 June, compared to US$0.58 last year. Meanwhile, operating profit increased to US$1bn for the full year, up from US$903m last year and including a gain from vitamin settlements of US$147m, and an US$83m charge for abandonment and write down of long lived assets.
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