Attached files
Exhibit 99.1
PRESS RELEASE
REPORT OF EARNINGS
November 2, 2012
Shawnee Mission, Kansas
The following is a report of earnings for Seaboard Corporation (NYSE MKT
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202, (the "Company"), for the three and nine months ended September 29,
2012 and October 1, 2011, in thousands of dollars except share and per
share amounts.
Three Months Ended Nine Months Ended
September 29, October 1, September 29, October 1,
2012 2011 2012 2011
Net sales $1,479,416 $1,476,718 $4,461,122 $4,343,484
Net earnings attributable to
Seaboard $ 74,422 $ 36,560 $ 206,728 $ 266,910
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Net earnings per common share $ 61.92 $ 30.07 $ 171.52 $ 219.52
Average number of shares
outstanding 1,201,974 1,215,863 1,205,239 1,215,874
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 the 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 income 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.