Louis Dreyfus Co (LDC) has seen full-year profit increase 12% as it took advantage of trading opportunities created by the US-Chinese trade dispute.

Group net profit reached $355m last year versus the $317m seen in 2017, while segment operating results increased 25.8% to $1.33bn.

“We delivered very good results for 2018, supported by a strong second half of the year, as expected,” chief executive Ian McIntosh said.