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.
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Website: http://www.nufarm.com Published: November 15, 2024 |
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