Record Group operating income from supply chain of US$1,172 million with total operating income, after profit on supply chain assets of US$1,188 million
Record Group volume of 166 million tonnes compared to 158 million tonnes in YTD Sep 2011
Record Group revenue of US$69.8 billion – up 15% from US$60.6 billion in YTD Sep 2011
Agriculture – operating income from supply chain for Q3 showing sequential quarterly growth
Strong liquidity with total committed and uncommitted facilities at US$16.9 billion and liquidity headroom* at US$5.9 billion exceeds total debt outstanding. Strong credit profile with net debt to capital of 46.5%, the lowest since 2008
Conservative approach to risk in the volatile environment. VaR of 0.36% of shareholders’ equity as of end September 2012
When “Bad News” Becomes “Good News”
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While Tuesday’s Producer Price Index (PPI) for April came in hotter than
expected (+0.5%), markets took the bad data in stride, perhaps because the
year/ye...
3 hours ago
Despite positive earning, Noble is beaten down by ~7% today.
ReplyDeleteThis is a typical case of Mr. Market manic-depressive.