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AACo Floods Impact Three Properties, Financial Toll Still Unfolding
9:20pm on Saturday 11th of April, 2026 AEST
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Agriculture
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AACo Floods Impact Three Properties, Financial Toll Still Unfolding
9:20pm on Saturday 11th of April, 2026 AEST
Key Points
Flooding affects 55,000 cattle across three Gulf properties
Full financial impact on FY26 earnings remains uncertain but likely material
AACo does not insure herd or infrastructure against flooding
Other regions maintain favourable conditions supporting supply commitments
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Australian Agricultural Company (ASX:AAC)
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