24 May 2022

Nufarm receives notification of sale of shares from Sumitomo

Nufarm has received notification overnight from Sumitomo Chemical Company Limited regarding its decision to sell its 15.9% shareholding in Nufarm. In 2010, Sumitomo Chemical acquired 20% of Nufarm’s outstanding shares and began a comprehensive business alliance with the company. The companies are currently generating major synergies in the development and sales of agricultural chemicals in ...

19 May 2022

Nufarm Half Year Results 2022

Nufarm delivers 41% growth in underlying earnings for 1H22 Overview Underlying EBITDA up 41% on the previous corresponding period (pcp) to $330 million on revenue of $2.2 billion, up 31% on pcp Statutory net profit after tax of $99 million, up 61% on pcp Underlying net profit after tax of $133 million, an increase of ...

26 Apr 2022

Ukraine & Russia business and 1H22 earnings update

Ukraine & Russia business update Nufarm Limited (ASX: NUF, Nufarm) provides the following update regarding Nufarm’s businesses in Ukraine & Russia. Managing Director and CEO Greg Hunt said, “Nufarm has nascent operations in both Ukraine and Russia and our first priority has been to ensure our people in both countries are safe and supported. “Secondary ...

15 Mar 2022

Nufarm Welcomes Sonia Greguol to the Leadership Team

Nufarm is pleased to announce the appointment of Sonia Greguol to the role of Group Executive, Technology & Information. Sonia has extensive senior executive expertise across multiple industry sectors in both business and digital roles. She joins us from the Australian Energy Market Operator where she has worked in digital strategy and technology roles since ...

01 Feb 2022

Nuseed and bp enter into strategic agreement to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited (Nufarm ASX:NUF), today announced that it has entered into a long-term strategic offtake and market development agreement with BP Products North America Inc. (‘bp’), an affiliate of BP p.l.c., that will see bp, or its affiliates, purchase Nuseed Carinata oil that it plans to process or sell ...

24 Nov 2021

S&P upgrade Nufarm to BB credit rating and Stable Outlook

Nufarm Limited (ASX: NUF) advises that S&P Global Ratings (S&P) has upgraded Nufarm’s credit rating to BB and revised the outlook to stable. In the report, S&P noted “Nufarm Ltd’s continued improvement in its working capital management and strong trading performance across all operating regions, particularly Europe, have strengthened the group’s credit metrics…. We view ...

17 Nov 2021

Nufarm Full Year Results 2021

Nufarm today announced 2021 Financial Year Results, reporting strong operational performance delivering 51% growth in underlying earnings and substantial cash generation.   Nufarm Managing Director and CEO, Greg Hunt, said, “2021 has been a successful year for Nufarm. We delivered solid financial results and continued to take actions that will positively shape the future of ...

16 Sep 2021

Nuseed to present at the Virtual Bell Potter Home Grown Agriculture Conference 2021

Today, our Nuseed Group Executive, Brent Zacharias, will deliver a presentation on “Sustainable plant-based solutions – Driving VALUE BEYOND YIELD®” to the Virtual Bell Potter Home Grown Agriculture Conference. See the presentation here.

11 Aug 2021

U.S. FDA Acknowledges Nuseed’s Omega-3 Canola Oil is a New Dietary Ingredient

Nufarm Limited (ASX:NUF) and its wholly owned subsidiary, Nuseed Nutritional US Inc., today welcomed the U.S. Food and Drug Administration’s (FDA) notice recognising Nutriterra® Total Omega-3 as a New Dietary Ingredient (NDI). Nufarm’s CEO, Greg Hunt, said today’s announcement from the FDA is another significant milestone that opens new markets for Nuseed’s omega-3 canola oil. ...

17 Jun 2021

Nufarm welcomes Dr David Jones to the Nufarm Board

We’re pleased today to announce the appointment of Dr David Jones as an Independent Non-executive Director to the Nufarm Board. “We’re delighted to welcome David to the Nufarm Board. His extensive knowledge and experience in the global agricultural industry will add to the Board’s experience and expertise,” said Nufarm Chairman, John Gillam. Dr Jones has ...