InvestSMART

Nufarm Limited (ASX:NUF)

ALERT: Price-sensitive ASX Announcement for NUF
Current share price for NUF : $2.720 0.16 (6.25%)+
Announcement
Release
27 May 2026 8:20AM
Price at Release
$2.560
Full Release
download
Summary
Nufarm Limited's HY26 results show a strong performance with underlying EBITDA growing by 18% to $243 million, despite a 5% drop in revenue to $1.7 billion. Statutory net profit rose by 28% to $38 million, and free cash flow improved significantly by $193 million. The company reduced leverage by 20%, achieving a 3.7 percentage point increase in gross profit margin to 33%. Nufarm's strategy focuses on profitable growth, cost savings, and disciplined capital allocation, especially within its Crop Protection and Seed Technologies segments. The company is on track to achieve a leverage ratio of approximately 2.0 times net debt/EBITDA by the end of FY26, with substantial cost savings realized to date.
Key Points
  • Nufarm Limited reported a strong first half result for FY26 with key financial metrics showing significant improvements.
  • Revenue decreased by 5% year-on-year to $1.7 billion, while underlying EBITDA increased by 18% to $243 million.
  • Statutory net profit rose by 28% to $38 million, and underlying net profit after tax increased by 35% to $52 million.
  • Free cash flow saw an improvement of $193 million year-on-year, and leverage was reduced by 20% to 3.6 times.
  • Nufarm achieved a 3.7 percentage point increase in its gross profit margin to 33%.
  • The company is focusing on profitable growth, disciplined capital allocation, and free cash generation.
  • Significant improvements were made in the Crop Protection and Seed Technologies segments, with the latter showing 113% EBITDA growth.
  • Nufarm is targeting a leverage ratio of approximately 2.0 times net debt/EBITDA by the end of FY26.
  • Cost savings programs have contributed to margin expansion and capital allocation discipline, with $32 million cumulative savings achieved so far.
  • The company continues to focus on operational efficiency and asset portfolio rationalization.
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.