Isagro on target for 2007
Italian agrochemical company Isagro (Milan) expects 2007 results to be in line with expectations despite a fourth quarter slowdown. Sales for the year are estimated to have risen by 24% to Euro 193.7 million ($265.5 million). Fourth quarter sales are expected to be up by 3.9% to Euro 56.1 million. It estimates earnings before interest, tax, depreciation and amortisation (EBITDA) for the year to have more than doubled to Euro 18.1 million.