Regina-Viterra’s Agri-Product gross profits were up, at C$219.2 million on sales of $934.6 million for the year-ending Oct. 31, 2007, versus the prior year’s $76.7 million and $533.3 million. The segment includes an ownership of 276 retail locations, a fertilizer distributor, and a stake in a manufacturer – Western Cooperative Fertilizers Ltd. Sales lines include fertilizer, crop protection products, seed and seed treatments, and equipment. EBITDA for the sector was up almost $100 million, to $124.0 million from the year-ago $28.9 million. Viterra says high commodity prices bode well for its fertilizer business in 2008, and reports increased pre-buying by farmers. Viterra-wide gross profit was $586.4 million on sales of $3.57 billion, versus the year-ago $263.9 million and $1.64 billion. EBITDA was $258.0 million, up from $80.4 million. Viterra is the merged Saskatchewan Wheat Pool Inc. and Agricore United.
Transparency Across the Fertilizer Value-Chain