Canada's Agrium profit falls 48 pct

Mon Feb 23, 2015 7:17pm EST
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Feb 23 (Reuters) - Canadian fertilizer and farm retail dealer Agrium Inc reported a 48 percent fall in fourth-quarter profit as expenses rose.

Net earnings for the fourth quarter ended Dec. 31 fell to $51 million, or 33 cents per share, from $99 million, or 66 cents per share a year ago,

Revenue fell 5.6 percent to $2.71 billion.

(Reporting by Rohit T.K. in Bengaluru; Additional reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Lisa Shumaker)