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Nufarm Charts Growth Amid FY24 Challenges with $100m Omega-3 Target
8:57am on Tuesday 4th of February, 2025 AEDT
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Agriculture
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Nufarm Charts Growth Amid FY24 Challenges with $100m Omega-3 Target
8:57am on Tuesday 4th of February, 2025 AEDT
Key Points
FY24 marked by intense crop protection industry competition and net loss
Strong revenue growth from omega-3 canola and new product introductions
Expansion of carinata biofuel crops in South America and pre-commercial trials in Europe and Australia
$50 million annualized cost savings targeted, with inventory reduction plans underway
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