Agricultural chemical company Nufarm (ASX:NUF) has announced it expects earnings (EBIT) for the twelve months to July 2018 to be around 5 per cent above the previous year.
This compares to a guidance of 5-10 per cent growth announced at the time of the company’s first half results.
Nufarm says trading has been impacted by challenging weather conditions across its key regions.
Extended winter weather in both Europe and North America has delayed demand for the company’s products.
Shares in Nufarm (ASX:NUF ) down 1.46 per cent to $8.77