Thursday, August 8, 2024

Nutrien profits dip


 

Nutrien, one of the world’s largest fertilizer companies, reported second-quarter profit of $392 million compared with $448 million for the same quarter last year.


Sales totaled $10.2 billion US, down from $11.7 billion for the same quarter last year.


It also announced that Mark Thompson will become executive vice-president and chief financial officer effective Aug. 26.


Thompson succeeds Pedro Farah, who will remain with the company in an advisory capacity until the end of 2024.