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Viterra earnings surge as shipments jump

Stockhouse Editorial
0 Comments| June 12, 2012

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Canadian grain handler Viterra Inc. (TSX: T.VT, Stock Forum) Tuesday reported a second-quarter profit that more than doubled to $67.1 million, or 18 cents per share, from $30.2 million, or eight cents per share, a year ago.

Grain handling and marketing revenue rose 33% to $2.72 billion.

Viterra shareholders have already approved a takeover bid from Glencore International Plc, but the company is still awaiting some Canadian regulatory approvals.



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