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Elders:
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Elders
Limited Official Website
https://elders.com.au
ASX
Announcements
https://elders.com.au/for-investors/updates/asx-announcements/
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News/Agribusiness News: Australia
Elders
expects better trading conditions in late 2024 after
tough six months
May
20, 2024
Agribusiness
Elders expects better trading conditions in the second
half of this year after a tough six months due to
challenging weather, cautious client sentiment, lower
fertiliser prices and falling livestock prices.
Elders
reported a 19 per cent drop in revenue to about $1.3
billion.
The
underlying profit slipped 72 per cent, and the company’s
statutory profit was down 76 per cent to $11.6 million.
Elders
cut its dividends to 18 cents per share, down from
23 cents in the prior period.
Elders
Limited Official Website
https://elders.com.au
ASX
Announcements
https://elders.com.au/for-investors/updates/asx-announcements/
About
As
rural Australia’s most trusted agribusiness,
Elders has played a key role in rural Australia for
more than 180 years. Our expansive network across
Australia offers links to markets, tailored advice
and specialist knowledge across a range of products
and services, including farm supplies, agronomy, livestock,
wool, grain, finance, insurance, and real estate.
We are committed to delivering value to the local
communities in which we operate and leading the way
to a sustainable and prosperous future for Australia’s
agriculture industry.
Elders,
for Australian Agriculture.
News
Elders
half year profit up 55 per cent - 16th May 2016
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Agribusiness
Elders expects to improve on last year's annual profit
despite a mixed outlook for the second half of its
fiscal year.
Elders
says the winter cropping outlook for northern and
western Australia is positive, with average winter
production expected in southern Australia.
Elders
on Monday booked a half-year net profit of $24.6 million
- up 55 per cent on $15.9 million the previous year.
(AAP)
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