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With Solid First-Quarter Results, Monsanto Company (MON) Confirms Full Year Guidance With Global Business On Track To Deliver Mid-To-High Teens Operational Growth


1/8/2014 9:58:27 AM

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ST. LOUIS--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) delivered on track results for the first quarter of its fiscal year as the company reaffirmed its earnings growth and free cash flow guidance for fiscal year 2014. The company previewed a strong U.S. order book and noted that it is on track to deliver its largest soybean launch with an expected three million acres of Intacta RR2 PRO™. The company also highlighted a record 29 phase advancements across its research and development (R&D) platforms, including breeding, biotechnology, and new breakthrough areas such as Integrated Farming Systems® and agricultural biologicals.

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