sector: Non-Cyclical Consumer Goods & Services ·
industry: Fishing & Farming ·
As of
24 Nov 2009
10.48CAD
Viterra Inc., formerly Saskatchewan Wheat Pool Inc., is a Canadian agribusiness. The Company is organized into five segments: Grain Handling and Marketing, Agri-products, Agri-food Processing, Livestock Feed and Services, and Financial Products. The Grain Handling and Marketing segment is engaged in the collection of grain, shipping to inland or port terminals, cleaning of grain to meet regulatory specifications, and sales to domestic or export markets. The Agri-products segment includes an ownership interest in a fertilizer manufacturer and ownership of a fertilizer distributor. The Agri-food Processing segment includes the manufacture and marketing of products associated with oats and malt barley for domestic and export markets. The Livestock Feed and Services segment formulates and manufactures feed products. The Financial Products segment acts as an agent for a Canadian Schedule I chartered banks.
BRIEF: For the nine months ended 31 July 2009, Viterra Inc.'s revenues increased 3% to C$5.21B. Net income decreased 53% to C$114M. Revenues reflect an increase in sales & other operating revenues due to an increase in Agri products revenue. Net income was offset by an increase in cost of sales, higher operating, general & administrative expenses, the presence of loss on disposal of assets vs. a gain and an increase in fianancing expenses.
Viterra Inc.
2625 Victoria Avenue
Regina SK S4T 7T9
P: +1306.5694411
F: +1306.5694708