13 Dec 2024
Nufarm releases 2024 Annual Report and Sustainability Report
Nufarm have released its 2024 Annual Report, and 2024 Sustainability Report. The Annual Report can be found here. The Sustainability Report can be found here.
12 Dec 2024
Nufarm announces Nutriterra® Total Omega-3 Receives Health Canada Approval as Plant-Based Dietary Supplement
Nutriterra® Total Omega-3 has received Health Canada approval as an ingredient in dietary supplements. Health Canada’s Natural and Non-prescription Health Products Directorate (NNHPD) issued a product license, Natural Product Number (NPN) 80136254, which authorizes it to be marketed and sold as a novel, canola-based total omega-3 oil with the following health claims: Supports heart health and ...
10 Dec 2024
Nufarm announces a new joint development agreement with bp on biomass oil technology for future bioenergy applications
New agreement with bp that aims to accelerate the production of yet another lower-carbon plant-based biofuel feedstock to help meet the growing demand for sustainable aviation fuel (SAF). Partnership brings together complementary skillsets to drive technology development at a commercial scale. Builds on Nufarm and bp’s 10-year strategic offtake agreement in low-carbon biofuel feedstocks. ...
03 Dec 2024
CFO transition and appointment
Nufarm Limited today announced that Paul Townsend has decided to step down from his executive role of Chief Financial Officer (CFO). Mr Townsend will be succeeded as CFO by Brendan Ryan effective 13 January 2025. Transition of Paul Townsend During his time at Nufarm Mr Townsend led important changes to improve the resilience of ...
26 Nov 2024
Nufarm paves way to fast moving consumer goods market through new strategic partnership with Unilever
Nufarm announces a strategic partnership with Unilever, one of the world’s largest consumer goods companies, to promote the technical project development and future downstream commercialization of biomass oil in the fast-moving commercial goods market. Further to the recent announcement on the establishment of a strategic R&D consortium to advance biomass oil technology, this multi-year ...
22 Nov 2024
Kilter Secures NOK 95 Million for Global Expansion
Kilter, a pioneering Norwegian agtech startup transforming precision agriculture, has raised NOK 95m (€9m) in a Series A funding round co-led by Pymwymic and Nufarm. Existing shareholder SBG Invest participated alongside new investors Natural Ventures and ProAgInvest. This investment will enable Kilter to enhance its cutting-edge technology, expand into new crops, and scale to new ...
14 Nov 2024
Nufarm Announces 2024 Full Year Results
Earnings at midpoint of guidance. Significant reduction in working capital and debt. Clear priorities for improved returns and growth. Highlights Underlying EBITDA $313 million, at the midpoint of guidance. Statutory net loss after tax of $6 million. Net debt 25% below prior year. Net leverage 2.0 times underlying EBITDA. Strong performance from new product ...
08 Nov 2024
Nufarm further expands its Bioenergy platform
Nufarm, announces the establishment of strategic R&D partnerships further expanding its bioenergy and sustainable oils platform. In recent years, the Company acquired Biomass Oil trait technology developed by CSIRO, Australia’s national science agency, comprising a significant estate of patents and know-how relating to technology traits that when deployed into crops enable novel production and accumulation ...
01 Nov 2024
Nufarm FY24 results webcast details
Nufarm will be announcing its 2024 full year financial results on Thursday, 14 Nov 2024. A briefing for investors will be held at 9:00am AEDT on the same day. Participants looking to join the teleconference must pre-register at: https://s1.c-conf.com/diamondpass/10042691-djr6q2.html The webcast of the results announcement will be also available live at: https://webcast.openbriefing.com/nuf-fyr-2024/ An ...
15 Aug 2024
Trading update
Nufarm is amending its guidance for FY24 that was disclosed in our ASX announcement regarding our 1H24 result dated 23 May 2024. Underlying EBITDA is expected to be in the range of $300 million to $330 million and compares with previous guidance of between $350 million and $390 million. Net leverage is expected to be ...