for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Nufarm Limited

NUF.AX

Latest Trade

6.09AUD

Change

--(--)

Today's Range

--

 - 

--

52 Week Range

3.61

 - 

6.94

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Nufarm Announces Sale Of Nufarm South America To Sumitomo For $1,188 Million

Sept 30 (Reuters) - Sumitomo Chemical Co Ltd <4005.T>::NUFARM LTD ANNOUNCES SALE OF NUFARM SOUTH AMERICA TO SUMITOMO FOR $1,188 MILLION.NUFARM LTD - TRANSACTION IS UNANIMOUSLY RECOMMENDED BY BOARD OF NUFARM SUBJECT TO THERE BEING NO SUPERIOR PROPOSAL FOR NUFARM SOUTH AMERICA.NUFARM LTD - NUFARM WILL PURCHASE $97.5M PREFERENCE SECURITIES ISSUED TO SUMITOMO IN AUGUST 2019 AT COMPLETION OF TRANSACTION.NUFARM-CO & SUMITOMO TO ENTER 2 YEAR SERVICES AGREEMENT; CO TO PROVIDE PROCUREMENT SERVICES & SUPPLY OF CERTAIN PRODUCTS TO SOUTH AMERICAN BUSINESSES.NUFARM- CONFIRMED AS PREFERRED COMMERCIALISATION PARTNER FOR SUMITOMO'S PROPRIETARY FUNGICIDES PAVECTO & INDIFLIN IN GERMANY, POLAND & UNITED KINGDOM.

Nufarm Posts FY Revenue From Ordinary Activities Of $3.76 Bln

Sept 30 (Reuters) - Nufarm Ltd <NUF.AX>::FY REVENUE FROM ORDINARY ACTIVITIES $3.76 BILLION VERSUS $3.31 BILLION.DIVIDEND SUSPENDED FOR FY19.NUFARM - UNDERLYING NET PROFIT AFTER TAX DOWN DUE TO IMPACT OF A FULL YEAR OF DEPRECIATION AND AMORTISATION RELATING TO ACQUIRED EUROPEAN PORTFOLIOS.FY NET PROFIT ATTRIBUTABLE TO MEMBERS BEFORE MATERIAL ITEMS $89.1 MILLION VERSUS $98.4 MILLION.ANNOUNCES ITS INTENTION TO DIVEST CROP PROTECTION AND SEED TREATMENT ASSETS IN SOUTH AMERICA FOR CASH PROCEEDS OF $1,188 MILLION.DIVESTMENT FOR CASH PROCEEDS OF $1,188 MILLION AND CUSTOMARY NET WORKING CAPITAL ADJUSTMENTS ON COMPLETION.NUFARM WILL CONTINUE TO OPERATE THESE BUSINESSES UNTIL COMPLETION OF TRANSACTION.NUFARM - RESOLUTION OF SUPPLY ISSUES THAT IMPACTED PRODUCT AVAILABILITY IN EUROPE IN 2019 IS EXPECTED TO CONTRIBUTE POSITIVELY TO EARNINGS FOR 2020.PERFORMANCE IMPROVEMENT PROGRAM IN AUSTRALIA FORECAST TO DELIVER EBITDA OF BETWEEN $10 MILLION TO $15 MILLION IN 2020.FOR 2020, CAPITAL EXPENDITURE IS FORECAST TO BE APPROXIMATELY $150 MILLION.NUFARM- FORECAST NET INTEREST EXPENSE OF $105 MILLION-$110 MILLION IN 2020 INCLUDES ESTIMATED $30 MILLION OF INTEREST COSTS RELATING TO SOUTH AMERICAN BUSINESSES.

Nufarm Announces Placement Of $97.5 Mln Preference Securities To Sumitomo Chemical Co

Aug 1 (Reuters) - Nufarm Ltd <NUF.AX>::ANNOUNCES PLACEMENT OF AUD$97.5M PREFERENCE SECURITIES.EXPECTS TO REPORT UNDERLYING EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION OF AROUND $420 MILLION FOR 2019.A QUARTERLY DISTRIBUTION AT A FIXED RATE OF 6% IS PAYABLE TO SUMITOMO FOR FIRST 12 MONTHS AND 10% THEREAFTER..SECURITIES MAY BE EXCHANGED FOR NUFARM SHARES AT SUMITOMO'S ELECTION ANY TIME AFTER 24-MONTH AT EXCHANGE PRICE OF AUD$5.85 PER NUFARM SHARE.EXPECTS TO REPORT ABOUT $50 MILLION OF SIGNIFICANT ITEMS (BEFORE TAX) THAT WILL BE EXCLUDED FROM UNDERLYING EBITDA IN 2019 FY.EXPECTS TO REPORT NET WORKING CAPITAL OF AROUND $1.6 BILLION FOR YEAR END.EXPECT NET DEBT TO UNDERLYING EBITDA RATIO TO BE AROUND 3 TIMES FOLLOWING RECEIPT OF PLACEMENT FUNDS FROM SUMITOMO.ANNOUNCES PLACEMENT OF $97.5 MILLION OF PREFERENCE SECURITIES TO SUMITOMO CHEMICAL COMPANY LIMITED.

Nufarm Posts HY Group Revenues Of $1.58 BLN, Up 8%

March 20 (Reuters) - Nufarm Ltd <NUF.AX>::HY GROUP REVENUES OF $1.58 BILLION, UP 8%.H1 NET LOSS AFTER TAX $13.6 MILLION VERSUS PROFIT $12 MILLION A YEAR AGO.COMPANY EXPECTS FULL YEAR TAX RATE TO BE ABOUT 32%.AUSTRALIAN BUSINESS IS EXPECTED TO FACE ONGOING CHALLENGES IN SECOND HALF.EBITDA FOR 2019 FINANCIAL YEAR IS EXPECTED TO BE IN RANGE OF $440 MILLION TO $470 MILLION.INTERIM DIVIDEND HAS BEEN SUSPENDED.NET INTEREST EXPENSE FOR FULL YEAR IS EXPECTED TO BE IN $100 MILLION TO $105 MILLION RANGE.WORKING CAPITAL WILL DECLINE IN SECOND HALF OF FINANCIAL YEAR AND IS EXPECTED TO BE IN A RANGE OF $1.3 BILLION TO $1.4 BILLION AT 31 JULY.

Nufarm Says Overall Growth Expectations For 2019 Assume Partial Earnings Recovery In Australia

Dec 6 (Reuters) - Nufarm Ltd::OVERALL GROWTH EXPECTATIONS FOR 2019 ASSUME A PARTIAL EARNINGS RECOVERY IN AUSTRALIA.

Nufarm Ltd Says Bruce Goodfellow To Retire As A Director

Oct 26 (Reuters) - Nufarm Ltd <NUF.AX>::BRUCE GOODFELLOW WILL NOT SEEK RE-ELECTION AS A DIRECTOR AT COMPANY'S 2018 AGM, TO BE HELD ON 6 DECEMBER, AND WILL RETIRE AS A DIRECTOR.BRUCE GOODFELLOW WILL CONTINUE TO SERVE GROUP IN HIS ROLE OF CHAIRMAN.

Nufarm Announces Plans For Pro Rata Entitlement Offer To Raise About $300 Mln

Sept 26 (Reuters) - Nufarm Ltd <NUF.AX>::ANNOUNCES PLANS TO UNDERTAKE A PRO RATA ENTITLEMENT OFFER TO RAISE ABOUT $300 MILLION OF SHARE CAPITAL.

Nufarm Posts FY Net Profit Attributable Of $98.4 Mln

Sept 26 (Reuters) - Nufarm Ltd <NUF.AX>::FY NET PROFIT ATTRIBUTABLE $98.4 MILLION VERSUS $135.8 MILLION.DECLARES FINAL DIVIDEND OF 6 CENTS PER SHARE.FY GROUP REVENUES INCREASED BY 6% TO $3.31 BILLION.UNDERLYING EBITDA IS EXPECTED TO BE IN THE $500 MILLION TO $530 MILLION RANGE FOR THE 2019 FINANCIAL YEAR.AUSTRALIA DROUGHT & LATE SEASON IN EUROPE IMPACT CAPITAL, WITH FY AVERAGE NET WORKING CAPITAL TO SALES INCREASING TO 40.3% VERSUS 36.8% YOY.FIRST HALF UNDERLYING EBITDA IS EXPECTED TO BE SIMILAR TO THAT GENERATED IN THE FIRST HALF OF FY18.UNDERLYING EBITDA IS EXPECTED TO BE IN THE $500 MILLION TO $530 MILLION RANGE FOR THE 2019 FINANCIAL YEAR.U.S - CHINA TARIFFS, UK'S POTENTIAL EXIT FROM EU COULD ADVERSELY AFFECT NUFARM’S OPERATIONS AND EARNINGS, AND IMPACT OF NUFARM’S SHARE PRICE.2019 FINANCIAL PERIOD WILL ALSO BE IMPACTED DUE TO HIGH AMOUNTS OF INVENTORY IN THE CHANNEL DUE TO DROUGHT CONDITIONS IN AUSTRALIA.THERE WILL BE A WRITE-OFF OF THE AUSTRALIAN CARRIED FORWARD TAX LOSSES OF ABOUT $20.9 MLN .

Valent And Nufarm Extend Exclusive Distribution Agreement To 2023

Sept 24 (Reuters) - Nufarm Ltd <NUF.AX>::VALENT AND NUFARM EXTEND EXCLUSIVE DISTRIBUTION AGREEMENT TO 2023.VALENT U.S.A. - CO, NUFARM AMERICAS SIGNED A 5-YEAR DISTRIBUTION AGREEMENT EXTENDING NUFARM AMERICAS' POSITION AS EXCLUSIVE DISTRIBUTOR OF SOME OF CO'S PRODUCTS.

Nufarm Says Brazilian Court Overturned Ruling Regarding Sales Of Products Containing Glyphosate

Sept 4 (Reuters) - Nufarm Ltd <NUF.AX>::BRAZILIAN COURT OVERTURNED EARLIER RULING THAT HAD SUSPENDED SALE OF PRODUCTS CONTAINING GLYPHOSATE IN BRAZIL.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up