Cargill, the world's largest agribusiness company, achieved a strong rise in net profit for the year to the end of May, despite reporting a 7% year-on-year fall in earnings during the fourth quarter.
The company, which is controlled by 80 members of the Cargill and MacMillan families, released its fourth quarter and 2011 fiscal results yesterday (9 August), reporting earnings of $404 million from continuing operations during the quarter, down from $435 million in the same period a year ago.
