Monsanto (MON) Looks to Double Gross Profit by 2012
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As farmers in the U.S. are making their initial seed purchase decisions for the 2009 growing season, Monsanto Company (NYSE: MON) plans to discuss the reasons behind its confidence that it can make good on its commitment to more than double its fiscal 2007 gross profit by 2012 through the execution of a strategy that delivers increased yield and economic value for farmers. That is the message Monsanto Chairman, President and Chief Executive Officer Hugh Grant will tell investors today as part of a presentation at the Citi 19th Annual Chemicals Conference in New York.
Grant's presentation will explain how Monsanto's strategy is based on innovative technologies that deliver increased yields, better pest protection and lower input costs, which in turn create superior economic value compared to competitors.
Monsanto Company (Monsanto) along with its subsidiaries, is a global provider of agricultural products for farmers.[SM]
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