date:Jan 24, 2013
ures and enablers. Higher local prices in all regions were partly offset by unfavourable currency. PTOI of $66 million was up $14 million on higher sales and the benefit of synergies realised from the integration of the Danisco specialty food ingredients business, partly offset by higher raw material costs.
In the companys agriculture business, sales of $1.5 billion were up 18% on 11% higher volume and 7% higher prices despite the negative impact of currency. PTOI seasonal loss of ($92) million