Seed sales star at Nufarm as profit rise defies tough sales year

Andrew Marshall
November 15 2023 - 12:15pm
Nufarm managing director, Greg Hunt says the company has delivered a strong result on the back of a record profit last year. Photo supplied.
Nufarm managing director, Greg Hunt says the company has delivered a strong result on the back of a record profit last year. Photo supplied.

Crop chemical and seed business, Nufarm, has squeezed a three per cent statutory profit rise from a year challenged by falling herbicide prices, drought in Europe and worldwide farmer reluctance to stock up on crop protection products.

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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