Elders plans for growth as half-year profits hit $38m

Andrew Marshall
May 18 2017 - 6:30am
Surging livestock prices continue to boost Elders' profits, but the company anticipates values to subside and impact on real estate business in the year ahead.
Surging livestock prices continue to boost Elders' profits, but the company anticipates values to subside and impact on real estate business in the year ahead.

On the back of a 56 per cent lift in statutory profit, Elders predicts a busy run of acquisitions will power almost half its agribusiness growth in the next few years.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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