Tag: NUF

Shares in crop-protection company Nufarm dipped 0.9% yesterday after it joined the downgrade club – with the cause the gathering big dry in Australia and cold weather in parts of Europe and North America.

Farm chemicals company, Nufarm has posted a 40% fall in interim net profit to $12 million despite a 7% increase in revenue for the half.

Chemical supplier Nufarm is raising $446 million from shareholders for a long tipped expansion of its offshore operations – but it will be in Europe rather than the US.

Crop protection group Nufarm sees more earnings growth in the coming year for the company after posting a 316% jump in net profit to $114.5 million for 2016-17.

Nufarm (NUF) shares jumped sharply yesterday to levels not seen since 2010 after the agricultural chemicals supplier swung to a first-half profit of $20 million after a 15 per cent increase in revenue.

Shares in agricultural chemicals supplier Nufarm jumped more than 5% yesterday on an optimistic outlook given to shareholders at the AGM.

Nufarm’s (NUF) full-year net profit fell 36% to $27.5 million on back of restructuring costs and the higher costs of doing business in its South American markets.

Nufarm shares dipped half a per cent yesterday after reporting an ostensibly solid underlying result for the half year to January.

Nufarm (NUF) reports its interim results for the period to the end of January this morning amid speculation it has become a takeover target for a Chinese company.

Shares in agricultural products group Nufarm (NUF) joined the downgrading club yesterday with a surprise negative update at the annual meeting sending the shares down 6% at one stage.

Agricultural chemicals group Nufarm (NUF) has boosted dividend for the year to July 31 after reporting a solid rise in profit, despite the impact of one-off costs, and says it expects another solid performance in fiscal 2016 amid subdued market conditions.

Crop protection (herbicides) group Nufarm (NUF) has lifted its unfranked interim dividend to 4c a share, from 3c after reporting a 23% jump in first half profit yesterday.

So why did Nufarm (NUF) need a trading suspension to allow it to handle the reporting of the depature of long time CEO Doug Rathbone?

Nufarm (NUF) shares sank 2.8% to $4.53 yesterday after credit rating agency Moody’s cut the company’s rating.

Shares in Nufarm (NUF) swung sharply yesterday as investors assessed the company’s solid interim report, and speculated on the damage the recent rise in the Australian dollar would do to the company which saw sales in Brazil jump sharply in the six months to the end of January.

Next week’s interim profit report from Nufarm (NUF) must be poor – why else would the company reveal a revamp of its Australian business well ahead of the figures due on March 26?

Melbourne-based agricultural chemicals and seeds supplier Nufarm (NUF) says its 2012-13 performance was hit by challenging seasonal conditions and a difficult market in Australia.

No wonder shares in agricultural chemicals supplier Nufarm jumped sharply yesterday: the market reckons it’s only a matter of time before Japan’s Sumitomo Chemical Company makes a move to snaffle more of the company.

No interim dividend from struggling rural products group, Nufarm, but at least the company lived up to last week’s improved earnings guidance.

Going for a quadrella of announcements this week, Nufarm scored yesterday with its AGM and update on trading.

Believe it or not, Nufarm managed to send out another release yesterday, but it wasn’t of its own making.

Information by drip from Nufarm the struggling crop protection group?

Struggling crop protection group, Nufarm, is taking steps to appease shareholders and its nervy banks ahead of this Thursday’s AGM which could still end up a fiery affair.

Well, struggling agri-chemicals company, Nufarm made its last of five profit guidances, for what it was worth.

Embattled agri-chemicals group, Nufarm has won a bit more time from its banks on loan agreement breaches ahead of the release of full year figures later today.

Nufarm shares fell more than 3% on Friday to take the week’s losses to around 14% after its was placed on credit watch by ratings agency Standard & Poor’s and lost its place in the ASX 100 Index of top stocks.

Another market update, another sell off yesterday in the shares of Nufarm; it’s becoming a one way story for the agricultural chemicals group.

Agricultural chemicals supplier Nufarm is in trouble after its shares plunged 28% in trading yesterday after Wednesday’s profit warning shock, and the news yesterday that it had breached a loan covenant.

As previously announced, agricultural chemicals group, Nufarm has launched a $250 million equity raising.

As expected farm chemicals group Nufarm reported a first-half loss of $40 million, thanks to a fall in sales of its key herbicide.

Little wonder that shareholders in Nufarm okayed a tie up with Sumitomo of Japan yesterday.

Bad, good, and perhaps more bad news for Nufarm shareholders from yesterday’s AGM in Melbourne.

Second time unlucky for the agricultural chemical group, Nufarm?

Nufarm yesterday confirmed previous guidance that suggested the company had enjoyed a very profitable 2008.

Australian marketer and manufacturer of crop protection chemicals Nufarm Limited (NUF) says it is positive in its outlook for the remainder of 2008 financial year, with global agricultural markets showing strong demand for its products.

Nufarm (NUF) has ceased talks with the Chinese-led consortium which offered the agricultural chemicals company a $3 billion offer last month as the consortium has been unable to formalise its proposal.

AGM's are of interest to investors because companies generally provide trading updates which gives some indication of how the business is tracking early in the new financial year.

Shares in crop protection group Nufarm (NUF) soared as much as 12.3% on Monday to hit a 52-week record of $17.52 after the company said it had agreed to a takeover proposal worth up to $3 billion from a consortium led by China National Chemical Corporation (ChemChina).