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Commodities trader Louis Dreyfus reports higher first-half profit

PARIS (Reuters) - Louis Dreyfus Company (LDC) on Monday reported a rise in first-half profit, with the agricultural commodity merchant citing a good performance across most of its businesses during the coronavirus pandemic.

LDC said first-half group net income reached $126 million against $71 million in the year-earlier period, while core earnings before interest, tax, depreciation and amortisation (EBITDA) from continuing operations rose to $634 million from $423 million.

Reporting by Gus Trompiz, editing by Louise Heavens

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