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Nufarm Limited ( (AU:NUF) ) has issued an update.
Nufarm Limited’s AGM highlighted its resilience in a challenging FY24 for the crop protection industry. The company met its revenue target for omega-3 and expanded its biofuels operations, particularly carinata, in South America and beyond. Nufarm’s canola business in Australia thrived, with half of the canola grown from its varieties, and it plans to replicate this success in South America. The company’s strategy of integrating crop protection and seed innovation aims for long-term growth and shareholder returns.
More about Nufarm Limited
Nufarm Limited is an agricultural company with a strong global presence and roots in Australia. It focuses on plant science and agricultural innovation, providing solutions in crop protection, aquaculture, human nutrition, and biofuels. The company’s purpose is to promote sustainable agriculture to meet future food, feed, and fuel needs while supporting environmental health.
YTD Price Performance: -3.14%
Average Trading Volume: 1,587
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $855.1M
For detailed information about NUF stock, go to TipRanks’ Stock Analysis page.
