Attached files
Exhibit 99.1
PRESS RELEASE
REPORT OF EARNINGS
November 8, 2011
Shawnee Mission, Kansas
The following is a report of earnings for Seaboard Corporation (NYSE Amex
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202, (the "Company"), for the three and nine months ended October 1, 2011
and October 2, 2010, in thousands of dollars except share and per share
amounts.
Three Months Ended Nine Months Ended
October 1, October 2, October 1, October 2,
2011 2010 2011 2010
Net sales $1,476,718 $1,111,813 $4,343,484 $3,180,552
Net earnings $ 36,560 $ 39,869 $ 266,910 $ 180,251
attributable to Seaboard
Net earnings $ 30.07 $ 32.74 $ 219.52 $ 146.93
per common share
Average number 1,215,863 1,217,828 1,215,874 1,226,780
of shares outstanding
Notes to Report of Earnings:
Included in net earnings attributable to Seaboard for the three and nine
months ended October 1, 2011 is a gain on sale of power generating
facilities in the amount of $1,500,000 and $52,923,000 or $1.23 and
$43.53 per share, respectively. There was no tax expense on this
transaction.
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the
United States Securities and Exchange Commission. Seaboard has provided
access to the Quarterly Report on Form 10-Q on its website at
http://www.seaboardcorp.com/investor-sec.aspx.