Monsanto’s Sales Up 15 Percent In Q2

Photo courtesy of Monsanto

Monsanto Co. reported sales of $5.5 billion in its fiscal second quarter, marking a 15 percent increase from the previous year’s quarter.  The climb was driven by increased sales in its global corn business.

The St. Louis-based company posted a net income of nearly $1.5 billion for the quarter ended Feb. 28, 22 percent higher than the prior year’s quarter. Chairman and CEO Hugh Grant said the company’s performance has met their expectations and made way for new opportunities in the future.

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