Nufarm announces a supply chain operations leadership transition
Dave Allen retires at year-end while Chris Larson assumes the role in October following extensive global operational experience.
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Global crop protection and seed technologies company
nufarm.comLast updated
In short: Nufarm reported a 28% increase in half-year net profit and appointed Rico Christensen as CEO while expanding its sustainable fuel strategy.
Dave Allen retires at year-end while Chris Larson assumes the role in October following extensive global operational experience.
Net profit after tax up 28% to $38 million, underlying EBITDA up 18% to $243 million, free cash flow improved by $193 million.
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Underlying EBITDA up 17%, net debt down $130m, targeting $50m in cost savings from strategy refresh.
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Over the past year, we have been very deliberate in sharpening our focus to improve earnings quality, strengthen the balance sheet and increase capital discipline...
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