Commodity trader Louis Dreyfus posts 2019 profit slide
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PARIS (Reuters) - Commodity merchant Louis Dreyfus Company (LDC) reported a sharp drop in 2019 profits, confirming tough conditions on agricultural markets last year while saying it was too early to assess the impact of a coronavirus crisis on its 2020 outlook.Louis Dreyfus said group net income for 2019 had fallen to $230 million (198.4 million pounds) from restated 2018 income of $364 million, with sales slipping to $33.6 billion from $36 billion last year.The 169-year-old family-owned group..