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Nufarm Limited (ASX:NUF)

ALERT: Price-sensitive ASX Announcement for NUF
Current share price for NUF : $2.790 0.57 (25.68%)+
Announcement
Release
15 Apr 2026 8:22AM
Price at Release
$2.220
Full Release
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Summary
Nufarm Limited reported a strong 1H FY26 performance with an underlying EBITDA (uEBITDA) between $239 million and $244 million, representing a 17% increase compared to the prior corresponding period. The improvement was driven by higher margins in Crop Protection, growth in Hybrid Seeds, and a stronger performance in emerging omega-3 and bioenergy platforms. Net debt was reduced to approximately $1.23 billion, a decrease of $130 million from the previous year, due to improved cash generation and disciplined working capital management. A strategic refresh targets an additional $50 million in cost savings through optimization of assets and manufacturing costs. Nufarm is managing cost increases due to Middle East conflict impacts through inventory management and pricing, while maintaining normal supply chain operations.
Key Points
  • 1H FY26 uEBITDA increased by 17% to $239m-$244m.
  • Net debt reduced by $130 million to $1.23 billion.
  • Strategy refresh targets $50 million in cost savings.
  • Positive trading momentum continues across all regions.
  • Impact of Middle East conflict managed through pricing and inventory actions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.