date:May 14, 2012
Darling International Inc. reported net income of $28.6 million, or $0.24 per share, for the first quarter, compared to $46.6 million, or $0.43 per share, for the 2011 comparable period. The $18 million decrease in net income for the first quarter was attributed to lower raw material volumes and lower finished product prices.
Compared to the fourth quarter of fiscal 2011, finished product prices continued to decline through most of the first quarter before recovering rapidly beginning in Marc