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Monsanto Sees Solid Sales for Big Brands in Fiscal Third-Quarter 2015, Pushes for Major Acquisition

Monsanto Sees Solid Sales for Big Brands in Fiscal Third-Quarter 2015, Pushes for Major Acquisition

SUGAR LAND--June 25, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Agricultural technology and product leader Monsanto Company (NYSE:MON) (St. Louis, Missouri) benefited from strong sales for its major brands in the third quarter of its 2015 fiscal year, while the company took a dim view of international markets, particularly for corn, and struggled to acquire a rival pesticide-and-seed maker. Net income was reported to be $1.14 billion for the quarter, a 32.98% increase from fiscal third-quarter 2014. Industrial Info is tracking $332.9 million in active projects involving Monsanto.

Within this article: Details on Monsanto's quarter and projects, including the ongoing expansion of an agricultural research center in Missouri.

Other companies featured: The Scotts Miracle-Gro Company (NYSE:SMG), Syngenta AG (NYSE:SYT)