Archer-Daniels-Midland Co. buy gerihouse

Es duftet!

Dufthersteller besser als erwartet!

Archer Daniels Midland Company reported better-than-expected adjusted earnings per share for third-quarter 2014 making the most of strong ethanol demand as well as improvement in U.S. grain export volumes. The company’s earnings also benefited from its cost containment actions as the increase came despite a fall in revenue.

The company’s adjusted earnings for the quarter rose 72.3% year over year to 81 cents per share and surpassed the Zacks Consensus Estimate of 76 cents. Further, including certain one-time items, Archer Daniels reported earnings of $1.14 per share as compared with 72 cents in the year-ago quarter.

The improved earnings were let down by a fall in revenues at all of the company’s major segments that resulted in an 18.1% year-over-year decline in total revenue. Total revenue of $18,117 million also lagged the Zacks Consensus Estimate of $21,238 million.

For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 31,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses. With more than 270 processing plants, 470 crop procurement facilities, and the world’s premier crop transportation network, ADM helps connect the harvest to the home in more than 140 countries. ADM’s Foods & Wellness group offers a range of innovative specialty ingredients and products for the beverage, meat, snack, bakery, cereal, wellness and personal care markets. As a global market leader in food-grade proteins, ADM’s Foods & Wellness group also markets numerous health and nutrition products, lecithin, acidulants, hydrocolloids and polyols. Some of those products include Textura™ protein and fiber pieces, Clarisoy™ beverage protein, and Ultralec® lecithin.