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Company News

Agrium's quarterly profit falls 1.2 pct

Aug 9 (Reuters) - Canadian fertilizer maker Agrium Inc reported a 1.2 percent fall in quarterly profit on Wednesday, hurt by weak demand for phosphate and nitrogen.

Net earnings attributable to shareholders fell to $558 million, or $4.03 per share, in the second quarter ended June 30, from $565 million, or $4.08 per share, a year earlier.

Agrium, which is merging with Potash Corp of Saskatchewan , said revenue fell marginally to $6.32 billion from $6.42 billion. (Reporting by Anirban Paul and Divya Grover in Bengaluru; Editing by David Gregorio)

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