Agria Corporation subsidiary PGG Wrightson announces trading update
Beijing, China
June 19, 2014
Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a global agricultural company, today announced interim trading results and updated guidance at its majority-owned subsidiary PGG Wrightson Ltd. ("PGW"). The Company noted that despite localized challenges, sales performance over the past six months met expectations. PGW now expects full fiscal year operating EBITDA (earnings before interest, tax, depreciation and amortisation) in the range of NZ$56 to NZ$58 million (US$48 to US$50 million), up from the previously guidance range of NZ$52 to NZ$56 million (US$45 to US$48 million) indicated in February this year.
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Website: http://www.agriacorp.com Published: June 23, 2014 |
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