21 May 2020
Nufarm Limited announces that Ms Anne Brennan has advised her intention to not stand for re-election as a non-executive director at the 2020 Annual General Meeting of Nufarm. Nufarm Chairman, Donald McGauchie, expressed his appreciation on behalf of the Board and executive team: “We thank Anne for her many years of service and the contribution ...
07 May 2020
Today Nuseed Group Executive, Brent Zacharias, provided an overview of Nuseed’s Value Beyond YieldTM strategy and gave an update on Seed Technologies third quarter trading at the (Virtual) Macquarie Australia Conference. Seed technologies trading update for the third quarter Solid demand and new seed varieties have supported expansion into Latin America, North America and Europe ...
29 Apr 2020
Following drought, floods, bushfires, and now a global health pandemic, Nufarm General Manager Australia and New Zealand, Peter O’Keeffe, is sharing his thoughts on resilience and comparative advantage in the Australian agricultural industry at today’s PAC Partners 2020 Agfoods (Virtual) conference. You can find a copy of Peter’s presentation and commentary here.
01 Apr 2020
Nufarm today announced the sale of its South American crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile to Sumitomo Chemical Company Limited has been completed and the net sale proceeds have been received. You can access the full announcement here.
31 Mar 2020
Nufarm Finance (NZ) Limited has released financial results for the half year ended 31 January 2020. You can access the 2020 NZ Limited financial results here.
25 Mar 2020
25 March 2020 Good progress against key priorities in difficult market conditions Nufarm today announced a loss for the first half of 2020 of $122 million (1H19: $14m). Overview of half year result Revenue down six per cent to $1,477 million Underlying EBITDA of $66 million, down 45 per cent Free cash flow ...
06 Mar 2020
Nufarm advises that the General-Superintendent of the Administrative Council of Economic Defence (CADE) in Brazil has provided clearance for the sale of Nufarm Brazil to Sumitomo. Nufarm also confirms previous guidance for first half FY20 underlying earnings before interest, tax, depreciation and amortisation in the range of A$55 million to A$65 million. You can access ...
26 Feb 2020
Nufarm Managing Director and Chief Executive Officer, Greg Hunt, and Chief Financial Officer, Paul Binfield, hosted investor meetings at the Bank of America 2020 Global Agriculture and Materials Conference. You can see the investor handout here.
30 Jan 2020
Nufarm Group Executive Portfolio Solutions, Niels Poerksen will leave Nufarm at the end of February 2020 to take up a CEO role based in his home country, Germany. Niels has been a valuable member of the Nufarm executive team, having established and led the global Portfolio Solutions function since 2016. Prior to this he played ...
17 Jan 2020
With an additional two months of trading performance now available, Nufarm is able to provide an estimate of earnings before interest, tax, depreciation and amortisation, which is expected to be in the range of $55 million to $65 million for the first half of FY20. Click here to read more…