Monsanto's Innovative Business Model Could Double Its Gross Profit by 2012, an Industrial Info News Alert

SUGAR LAND, TX, Sep 22, 2008 (MARKET WIRE via COMTEX) -- MON | Quote | Chart | News | PowerRating -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Monsanto Company (NYSE:MON) (St. Louis, Missouri), a leading agricultural-products provider, is set to double the gross profit of its business by 2012, said Carl Casale, Vice President for Strategy & Operations. He said the company's innovative business model and its current portfolio have positioned Monsanto to extend its competitive lead. "Our business model is not particularly complex," Casale said. "We believe we're in a world that's going to demand more stuff -- more food, more fiber -- driven by population growth and driven by increasing incomes and emerging markets. This isn't a blip. This is definitely a long-term trend that we are going to see occur."

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SOURCE: Industrial Info Resources

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