Nufarm Limited
(ASX:NUF) has announced a 15 percent increase in net profit to $43.22 million in the financial year to July 31 2015.
The agricultural chemical company logged a net profit of $37.7 million the previous period.
Nufarm attributed the results to cost reductions and higher margin products offsetting the impact of one-off costs. The company expects this performance to be sustainable into FY16.
The company has said it is co-operating with the relevant authorities following the death of a worker at the company’s manufacturing site in Linz, Austria.
Nufarm Limited will pay a final dividend of $0.06 unfranked.
