Nufarm Full Year Results 2020

23 Sep 2020

Nufarm today have reported a statutory net loss after tax for the financial year 2020 of $456 million and underlying earnings before interest, tax, depreciation and amortisation from continuing operations of $236 million.

Nufarm Managing Director and CEO, Greg Hunt, said, "2020 has been an extraordinary year. The agricultural markets in which we operate across the globe have endured mixed seasonal conditions, industry-related supply issues and of course the tragedy and disruption of COVID-19. Against this backdrop, we maintained our commitment to the safety of our people, recording our best ever safety performance, and continued to meet the needs of our customers with minimal disruption. We have taken decisive steps to strengthen our business to deliver improved returns. We have refocused our portfolio, strengthened our balance sheet and progressed key priorities to drive better performance from our continuing businesses."

A copy of Nufarm's full year results and investor presentation is available on our website here