Edition:
United Kingdom

Nutrien Qtrly Sales $3.69 Billion, Up 1 Percent


Thursday, 9 May 2019 

May 9 (Reuters) - Nutrien Ltd ::NUTRIEN’S FIRST QUARTER IMPACTED BY HARSH WEATHER; MAINTAINS GUIDANCE.QTRLY SALES $3.69 BILLION, UP 1 PERCENT .Q1 EARNINGS PER SHARE $0.07 FROM CONTINUING OPERATIONS.Q1 ADJUSTED EARNINGS PER SHARE $0.20.FULL-YEAR 2019 ADJUSTED NET EARNINGS PER SHARE AND ADJUSTED EBITDA GUIDANCE IS MAINTAINED.FIRST-HALF 2019 GUIDANCE IS PROVIDED AT $1.75 TO $1.95 ADJUSTED NET EARNINGS PER SHARE.TRADE DISRUPTIONS CONTINUE TO IMPACT NORTH AMERICAN GROWERS.Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $3.91 BILLION -- REFINITIV IBES DATA.NUTRIEN - GLOBAL POTASH MARKET FUNDAMENTALS REMAIN STRONG, AS SUPPLIERS ARE COMFORTABLY SOLD FORWARD IN 2019, CANPOTEX IS FULLY COMMITTED UNTIL JUNE.EXPECT STRONG NITROGEN DEMAND TO EMERGE IN Q2 OF 2019 FROM US, EUROPE AND LATIN AMERICA., ON ITS CROP NUTRIENT MARKETS, SAYS SLOW GLOBAL DEMAND AND LOWER INPUT COSTS PRESSURED PHOSPHATE PRICES OVER PAST QUARTER.