date:May 15, 2012
Net sales for the quarter ended March 31 were $203.0 million, compared to $192.2 million for the same period last year. The company said that the increase in sales was mainly due to higher domestic sugar prices, which were up 10.5%, and more than offset a 2.4% decrease in domestic sales volumes.
Last years results also included a $3.6m contribution from Imperials Gramercy, Louisiana refinery, which has been operated by Louisiana Sugar Refining (LSR) since January 2011.
The company said it wo