MINNEAPOLIS — Cargill has reported results for the fiscal 2019 second quarter and first half ended Nov. 30, 2018.
Key measures include: Adjusted operating earnings were $853 million, down 10 percent from the $948 million earned in last year's strong comparative period. This brought first-half earnings to $1.74 billion, a 5 percent decrease from the prior year.
Net earnings on a U.S. GAAP (generally accepted accounting principles) basis for the quarter were $741 million, a 20 percent decline from $924 million in the year-ago period. For the half, net earnings dipped 7 percent to $1.76. . .
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