Nufarm blames drought for $15.6m loss and asks shareholders for $300m

Andrew Marshall
September 26 2018 - 5:00pm
Drought pushes Nufarm trading result into the red
Drought pushes Nufarm trading result into the red

Farm chemical maker, Nufarm, has slumped into the red, recording a $15.6 million full-year loss after writing off $91.5 million in drought-related costs and expenses linked to its $810m buying spree in Europe last year.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

Get the latest VIC news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.