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Nufarm announces 2024 full year results


Australia
November 14, 2024

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 introductions1 (NPIs).
  • $50 million omega-3 revenue.
  • Expansion of plantings and improved omega-3 profile from 2024 crop.
  • Expansion of carinata plantings and favourable regulatory developments.

 Click here for to view the full ASX Release and Financial Results.

 



More news from: Nufarm Ltd.


Website: http://www.nufarm.com

Published: November 15, 2024

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