Strong 1H performance and an additional $50m of targeted cost savings from strategy refresh
15 Apr 2026
Nufarm Limited today updated the market on 1H FY26 performance and an additional cost savings program from the first stage of the company's strategy refresh.
- 1H FY26 underlying EBITDA (uEBITDA) to be between $239m and $244m, an increase of 17% on the prior corresponding period (pcp) at the mid-point
- Net debt as of 31 march 2026 of approximately $1.29b, down $130m on the pcp
- Net debt to uEBITDA for the last twelve months to 31 March 2026 (LTM uEBITDA) of approximately 3.6x, a 20% reduction on pcp
- Strategy refresh targeting an additional $50m in cost savings
- Positive trading momentum continuing into April
