Articles tagged under: Juan Luciano
Strong Commodity Demand Drives Q1 ADM Earnings
Published May 7, 2021
Archer Daniels Midland is reporting gross profits of $1.54 billion for the first quarter of the 2021 fiscal year. Net earnings for the quarter are reported at $693 million. ADM CEO Juan Luciano says the strong rebound in demand for…Trade and Tough Weather Impact ADM’s Q2 Results
Published August 1, 2019
Archer Daniels Midland is reporting second-quarter earnings of $235 million, down 58 percent from one year ago. ADM CEO Juan Luciano says the trade war and the tough spring weather conditions had an impact of about $65 million to the…The Market Challenges ADM in Q4
Published February 7, 2019
Archer Daniels Midland is reporting fourth quarter adjusted operating profits of $860 million. ADM Chairman and CEO Juan Luciano says the strong quarterly performance lead to a 26 percent year-over-year earnings increase. "There's an adjusted segment operating profit of $3.4 billion,…An Uptick in Grain Exports Helped ADM
Published July 31, 2018
Archer Daniels Midland (ADM) CEO Juan Luciano says ADM’s profitability in the first six months of 2018 increased $150 million. "Operation excellence initiatives delivered cost savings of more than $150 million on a run rate basis and are on pace to…