date:Mar 28, 2013
The privately held company said in an annual report that net earnings jumped 25 percent to $1.1 billion in 2012, excluding a $93 million loss in BioSev, the company's ring-fenced Brazilian sugarcane milling business which suffered from low cane yields and low ethanol prices.
The profit surpassed its previous record earnings of $962 million in 2010.
Louis Dreyfus, like its agribusiness rivals such as Cargill and Bunge, responded to a sharp decline in U.S. crop output last year by supplying its