Agrium reports record 2005 annual results

Release Date: 2/2/2006

CALGARY, Alberta -- Agrium Inc. (TSX and NYSE: AGU) announced today that net earnings for the fourth quarter of 2005 were $54-million ($0.40 diluted earnings per share), compared to net earnings (excluding the Kenai-related award and settlement) of $71-million ($0.49 diluted earnings per share) for the fourth quarter of 2004.  Net earnings for the year were an all time record $283-million ($2.12 diluted earnings per share), a significant improvement over 2004 net earnings (excluding the Kenai-related settlement) of $214-million ($1.48 diluted earnings per share). 

To view the full financial results click here.