24 Nov 2021
S&P upgrade Nufarm to BB credit rating and Stable Outlook
Nufarm Limited (ASX: NUF) advises that S&P Global Ratings (S&P) has upgraded Nufarm’s credit rating to BB and revised the outlook to stable. In the report, S&P noted “Nufarm Ltd’s continued improvement in its working capital management and strong trading performance across all operating regions, particularly Europe, have strengthened the group’s credit metrics…. We view ...
17 Nov 2021
Nufarm Full Year Results 2021
Nufarm today announced 2021 Financial Year Results, reporting strong operational performance delivering 51% growth in underlying earnings and substantial cash generation. Nufarm Managing Director and CEO, Greg Hunt, said, “2021 has been a successful year for Nufarm. We delivered solid financial results and continued to take actions that will positively shape the future of ...
16 Sep 2021
Nuseed to present at the Virtual Bell Potter Home Grown Agriculture Conference 2021
Today, our Nuseed Group Executive, Brent Zacharias, will deliver a presentation on “Sustainable plant-based solutions – Driving VALUE BEYOND YIELD®” to the Virtual Bell Potter Home Grown Agriculture Conference. See the presentation here.
11 Aug 2021
U.S. FDA Acknowledges Nuseed’s Omega-3 Canola Oil is a New Dietary Ingredient
Nufarm Limited (ASX:NUF) and its wholly owned subsidiary, Nuseed Nutritional US Inc., today welcomed the U.S. Food and Drug Administration’s (FDA) notice recognising Nutriterra® Total Omega-3 as a New Dietary Ingredient (NDI). Nufarm’s CEO, Greg Hunt, said today’s announcement from the FDA is another significant milestone that opens new markets for Nuseed’s omega-3 canola oil. ...
17 Jun 2021
Nufarm welcomes Dr David Jones to the Nufarm Board
We’re pleased today to announce the appointment of Dr David Jones as an Independent Non-executive Director to the Nufarm Board. “We’re delighted to welcome David to the Nufarm Board. His extensive knowledge and experience in the global agricultural industry will add to the Board’s experience and expertise,” said Nufarm Chairman, John Gillam. Dr Jones has ...
20 May 2021
Nufarm Half Year Results 2021
Nufarm reports strong lift in revenues and earnings for first half of FY21 Overview Revenue and EBITDA growth in all regions and Seed Technologies European earnings recovery on track Performance improvement program on target Improved net working capital and cash generation Strong balance sheet Earnings expected to be significantly weighted to first half ...
26 Apr 2021
Nuseed Carinata now a listed feedstock for CORSIA Sustainable Aviation Fuels
(Montreal, Canada) – The recent update by The International Civil Aviation Organization (ICAO) now includes Carinata as a renewable fuel feedstock with similar greenhouse gas (GHG) footprint as waste and residuals, like used cooking oil. “For sustainability being categorized with waste is a very good thing,” said Glenn Johnston, Nuseed Carinata Regulatory. “The ICAO update demonstrates that Carinata ...
21 Apr 2021
Nufarm strengthens relationship with CROP.ZONE
Düsseldorf, 20. April 2021 – Australian crop protection and specialty seed company Nufarm today announced it has converted its existing financial investment in agtech start-up CROP.ZONE to an equity holding. CROP.ZONE is a German-based agtech company that has developed hybrid-electric weed control solutions to reduce chemical application rates and residues by using a conductive liquid ...
14 Apr 2021
Update from USA FDA regarding Nuseed Omega-3 Canola application
Nufarm notes the announcement from the US FDA advising that it expects to complete food safety consultations regarding Nuseed’s omega-3 canola seed in the coming weeks. The FDA also advised that it has no questions about the safety of Nuseed omega-3 canola when inadvertently present in the human and animal food supply at low levels. ...
05 Apr 2021
Leadership Appointment
Nufarm is pleased to welcome Rico Christensen to the role of Group Executive Portfolio Solutions. Rico has more than two decades of business leadership experience in the agricultural sector most recently as Chief Marketing Officer for UPL Limited where he was involved in defining the portfolio strategy, portfolio management as well as the identification, evaluation, ...