Monsanto delivers year of strong growth on performance of global seeds and traits portfolio; foundation set for countinued growth in FY15 and over multi-year horizon
St. Louis, Missouri, USA
October 8, 2014
- Delivers above FY14 guidance for ongoing and as-reported EPS, free cash flow
- Underscores target to at least double ongoing EPS over next five years driven by combination of strong core business, new platforms and capital structure
- Company in unique position to deliver strong FY15 results while investing to unlock future growth
- FY15 earnings per share guidance at $5.75 to $6.00
Monsanto Company (NYSE: MON) today announced fiscal year 2014 results slightly above the high end of its guidance range on the strength of its global seeds and traits business, the biggest driver of growth for the year. This is the company’s fourth consecutive year of strong ongoing earnings growth. Executives noted that the balance of the company’s global business positions it well for continued growth and investment in fiscal year 2015 as the company executes on its plan to at least double ongoing EPS over the next five years.
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Website: http://www.monsanto.com Published: October 8, 2014 |
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