Monsanto First-Quarter Milestones Reinforce Foundation for Growth in FY15 and Confidence in Five-Year Plan to More Than Double Ongoing EPS | Monsanto Newsroom

ST. LOUIS--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) delivered earnings per share for the first quarter of fiscal year 2015 ahead of expectations it outlined at the beginning of the fiscal year, with the company confirming full-year ongoing earnings per share growth and free cash flow guidance. The company highlighted several key first-quarter milestones, including strong soybean results driven by Intacta RR2 PRO^™ as the product is projected to exceed its 10-12 million acre target. The company also noted the USDA’s final Environmental Impact Statement concluding that Monsanto’s Roundup Ready^® 2 Xtend^™ soybeans and Bollgard II^® XtendFlex^™cotton should be fully deregulated. During its annual update, Monsanto highlighted advancements across the industry’s broadest research and development pipeline, including its breeding, biotechnology, crop protection, microbials, BioDirect™ and Climate platforms.



Monsanto First-Quarter Milestones Reinforce Foundation for Growth in FY15 and Confidence in Five-Year Plan to More Than Double Ongoing EPS | Monsanto Newsroom