IMC: revenue up 52% in H1 2019
01 October 2019
IMC S.A., a publicly listed agroholding operating 123,900 hectares of farmland in Ukraine, reported of $96 million revenue generated in the first half of 2019, a 56% increase as compared to the same period last year. The key drivers behind this growth are record corn yields in 2018 and growth in corn sales. Meanwhile, IMC’s EBITDA rose 22% to amount to $ 42.3 million, and net profit grew 13% to reach $ 27.6 million.