Nufarm
(ASX:NUF) has reported an 11.5 per cent revenue increase to more than $3.11 billion from $2.79 billion in the previous year in its 2017 financial year results.
The agrichemical company’s underlying net profit after tax is up 25 per cent to $135.8 million.
Nufarm posted strong revenue gains in Australia, North America and Asia, with lower European sales and a significant fall in profits in Argentina due to market conditions.
CEO Greg Hunt said the company is on track to meet its 2018 target of achieving $116 million.
Its final dividends are 8 cents per share, bringing the full year dividend to 13 cents.
Shares in Nufarm
(ASX:NUF) are trading 0.39 per cent higher to $9.02
