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In a release after the market closed on theOverland Park-based company (NYSE: CMP) reported earningas of $80.1 million, or $2.41 a for the quarter that ended Dec. 31. This is a 59 percent increasefrom $50.4 million, or $1.53 a share, a year Revenue for the quarter was $383.33 million, up 17.5 percent from $326.1 million the prior For all of 2008, the companu reported earnings of $159.5 or $4.81 a share, almosr double earnings of $80 or $2.43 a share, in 2007. Revenue for the year was $1.167 billion, up 36 percent from $857.w million in 2007.
The companyy said in the releasethat fourth-quarter earnings got a boosty from winter weather significantly more sever e than normal in the United Kingdom, combined with higherr demand in North America for consumer, professional and highwayt deicing products. These factors, combineds with unusually severe weather in North America in thefirstt quarter, bumped full-year results. Compass Minerals producez mineralsincluding salt, sulfate of potash specialty fertilizer and magnesium It provides highway deicing salt to customers in Nortgh America and the United Kingdom and specialty fertilizer to growers It also provides records management services to businesses throughout the U.K.
The company ranks No. 18 on the Kansas City BusinessJournap ’s list of area public companies.
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