Nufarm lowers sights

Agricultural chemicals supplier Nufarm has slashed its outlook for the full fiscal year after booking a 53 per cent fall in first-half profit to $8.4 million.

By InvestSMART ·
28 Mar 2013

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Agricultural chemicals supplier Nufarm has slashed its outlook for the full fiscal year after booking a 53 per cent fall in first-half profit to $8.4 million. Hot, dry conditions in Australia had reduced demand for crop protection products, and Nufarm was also hurt by foreign exchange losses, the company said.

Nufarm lowers sights

Agricultural chemicals supplier Nufarm has slashed its outlook for the full fiscal year after booking a 53 per cent fall in first-half profit to $8.4 million.

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