Agricultural merchant Louis Dreyfus posts lower profits

PARIS, March 18 (Reuters) - Global agricultural merchant Louis Dreyfus Company recorded a drop in annual profits in what it called resilient results in the face of persistent geopolitical, economic and weather challenges.

LDC said in a statement on Wednesday that its core earnings before interest, taxes, depreciation, and amortisation reached $1.83 billion last year against $1.88 billion in 2024. Group net profit fell to $653 million from $726 million.