CHICAGO, March 29 (Reuters) - Global commodities trader Cargill Inc CARG.UL on Wednesday reported a sharply higher quarterly profit led by strong results from its food ingredients and animal protein businesses.
The privately held company said adjusted operating earnings rose 50 percent to $715 million in the third quarter ended Feb. 28, from $476 million in the same quarter a year earlier.
Excluding one-time items, quarterly net income climbed to $650 million from $459 million a year earlier.
Revenue rose 8 percent to $27.3 billion.