Health Business Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health Business Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
ALL
ALL Reports 4Q08 and 2008 Unaudited Results Preview
February 13th, 2009
ALL's consolidated volumes increased 16.3% in 4Q08, from 8,688 million RTK in 4Q07 to 10,100 million RTK, mainly driven by (i) a favorable market in 4Q as part of the unusually high inventories -- accumulated by farmers during 3Q08 -- shipped to the ports, (ii) market share gains in the agricultural segment and (iii) a strong volume increase in Argentina, maintaining the good performance of the previous quarter. With a strong growth in the fourth quarter, full-year consolidated volumes increased 10.8% to 38,204 million RTK, slightly below the 12-14% guidance. Deviation from the guidance (which represents four average days of carloads) reflects a weak 3Q08, when farmers...
Source: Health Business Week (2009-02-13)
|
