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Nufarm Limited (ASX:NUF)

ALERT: Price-sensitive ASX Announcement for NUF
Current share price for NUF : $2.780 0.22 (8.59%)+
Release
27 May 2026 8:20AM
Price at Release
$2.560
Full Release
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Summary
Nufarm Limited reported strong profit growth for the half-year ended 31 March 2026, with significant improvements in earnings and cash flow, and progress on deleveraging. Statutory Net Profit After Tax increased by 28% to $38 million, while underlying NPAT rose by 35% to $52 million. The company achieved an 18% increase in underlying EBITDA to $243 million and reduced net debt by $135 million. Nufarm's strategy refresh focuses on capital prioritization, cost efficiency, and earnings quality, contributing to stronger cash generation and margin improvements. The Crop Protection segment saw earnings growth and margin expansion, while Seed Technologies reported substantial growth in underlying EBITDA, driven by Hybrid Seeds and Emerging Platforms. Nufarm reaffirmed its FY26 outlook for strong EBITDA growth and reduced leverage, targeting a net debt to EBITDA ratio of approximately 2.0x by the end of FY26.
Key Points
  • Strong profit growth and progress on deleveraging.
  • Statutory Net Profit After Tax increased by 28% to $38 million.
  • Underlying NPAT rose by 35% to $52 million.
  • Underlying EBITDA increased by 18% to $243 million.
  • Net debt reduced by $135 million.
  • Strategy refresh focuses on capital prioritization and cost efficiency.
  • Crop Protection segment saw earnings growth and margin expansion.
  • Seed Technologies reported substantial growth, driven by Hybrid Seeds and Emerging Platforms.
  • FY26 outlook for strong EBITDA growth and reduced leverage reaffirmed.
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.