09 Nov 2017
Recruitment Fraud Alert
Our attention has been drawn to the fraudulent activities of persons posing as recruitment agencies or Nufarm employees. The fraud involves sending people job offers and asking for individuals personal banking details. We would like to make it clear that Nufarm never requires successful candidates to pay for documentation or administration expenses. If you receive ...
08 Nov 2017
Nufarm acquires European herbicide product portfolio from FMC
Nufarm Limited today announced that it has entered into a binding agreement to acquire a European cereal broadleaf herbicide portfolio from FMC Corporation (“FMC”) for US$85 million. Nufarm will also acquire existing product inventory (currently estimated to be US$5 million) on completion of the transaction. As previously announced on 24 October, Nufarm has been in ...
24 Oct 2017
Nufarm and Sumitomo sign long term extension of collaboration agreements
NUFARM and SUMITOMO sign long term extension of collaboration agreements with emphasis on Sumitomo’s fungicide pipeline. Nufarm Limited announced today that it has signed a long-term extension to a series of global collaboration agreements with Sumitomo Chemical Company. Click here to read the full announcement.
24 Oct 2017
Acquisition of European crop protection assets
Nufarm Limited today announced that it has entered into an agreement to acquire a portfolio of crop protection products (“Century Portfolio”) from Adama Agricultural Solutions Ltd (“Adama”) and Syngenta Crop Protection AG and related group companies (“Syngenta”) for US$490 million. The ‘Century’ product portfolio includes over 50 crop protection formulations which are registered for use ...
26 Sep 2017
Nufarm reports strong revenue growth, with underlying net profit up 25%
Nufarm Limited today announced a statutory net profit after tax of $114.5 million for the 12 months to 31 July, 2017. The statutory profit result includes the impact of $23 million in one-off restructuring and asset rationalisation costs and compares to a statutory profit after tax of $27.5 million in the previous year. Click ...
17 Aug 2017
Material items and trading update
Nufarm Limited today announced that it expects to book approximately $23 million (pre-tax) in material items associated with its asset rationalisation and restructuring program when it reports its July full-year results on September 26. The company confirmed its performance improvement program is on track and management is confident of delivering performance improvement benefits of at ...
22 Mar 2017
Nufarm delivers strong revenue, EBIT and net profit growth in first six months.
Nufarm today released its financial results for the six months to 31 January, posting solid gains in revenues and profit. Group revenues increased by 15% to $1.36 billion. Underlying earnings before interest, tax and amortisation (EBITDA) increased by 15% to $128.7 million and underlying earnings before interest and tax (EBIT) increased by 19% to $85.0 ...
22 Mar 2017
Marie McDonald appointed a Director of the Nufarm Board
Nufarm Limited today announced that Ms Marie McDonald had been appointed a Director of the Company, effective immediately. Ms McDonald was a senior partner at Ashurst until 2014, specializing in mergers and acquisitions, corporate governance and commercial law. She was widely recognised as one of Australia’s leading corporate and commercial lawyers. Click here to ...
22 Mar 2017
Nuseed omega-3 canola milestones met in Australia and North America
Nuseed, a wholly owned subsidiary of Nufarm Ltd, has completed preparation for regulatory approvals of its innovative long-chain omega-3 canola. Australian filings have been submitted, with United States and Canadian submissions anticipated to be filed this month. Pending regulatory approvals, commercialisation is expected to commence in 2018 or 2019. Click here to read the ...
31 Jan 2017
Marrone Bio Innovations and Nufarm join forces to improve crop productivity and sustainability for growers in New Zealand and Australia
January 30, 2017 – Marrone Bio Innovations (MBI), Inc. and Nufarm Australia Limited announced today the signing of a commercial agreement to develop GRANDEVO® Bioinsecticide, with Nufarm to be the exclusive distributor in Australia and New Zealand (ANZ). Click here to read the full announcement.