Elders tips $510m loss

Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full-year results on November 18 but has warned it expects to post a net loss in the order of $510 million for the year to September 30. "It is now clear that there will be a number of impairments," it said.

Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full-year results on November 18 but has warned it expects to post a net loss in the order of $510 million for the year to September 30. "It is now clear that there will be a number of impairments," it said.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles