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Why Did Nufarm’s Profit Plunge 39% Despite 3% Revenue Growth?
2:00am on Monday 2nd of June, 2025 AEST
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Agriculture
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Why Did Nufarm’s Profit Plunge 39% Despite 3% Revenue Growth?
2:00am on Monday 2nd of June, 2025 AEST
Key Points
3% revenue growth to $1.81 billion driven by Crop Protection volumes
39% decline in net profit after tax to $29.8 million due to omega-3 inventory write-downs
Underlying EBITDA down 6% to $205.9 million; underlying EBIT down 15% to $102.7 million
Seed Technologies EBIT plunges 71%, offset by strong Crop Protection EBIT growth
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Nufarm Finance (NZ) (ASX:NFN)
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