Gavin Kerr
PO Box 75-340, Manurewa, Auckland

Nufarm Finance (NZ) Limited Analysis


Nufarm Limited is one of the world's leading crop protection and specialist seeds companies. Nufarm produces products to help farmers protect their crops against damage caused by weeds, pests and disease.

With manufacturing and marketing operations based in Australia, New Zealand, Asia, Europe and the Americas, Nufarm employs more than 3,400 people, all of whom make a vital contribution to the company's reputation for quality products, innovation and first class marketing and technical support.

Nufarm's head office is located at Laverton in Melbourne. Its preference shares, NFFHA are traded on the NZDX.


The following information was extracted from Nufarm Finance (NZ) Limited's full year results, released on 16 November 2023:


  • Statutory net profit after tax of $111 million, up 3%
  • Underlying net profit after tax down 8% to $122 million
  • Underlying EBIT of $250 million up 6%
  • Underlying EBITDA of $438 million, down 2%
  • Net debt to uEBITDA 1.9x, within 1.5 – 2.0x target range
  • Unfranked final dividend of 5 cents per share
  • Global footprint and portfolio diversity provides resilience
  • Innovation and technology delivering improved product mix
  • Continued progress on all key strategic growth milestones
  • Seed Technologies delivers strong double-digit growth

Disclaimer: This section is provided as general information only. It is not intended as a substitute for legal or professional advice to company directors and officers or investors. NZX Limited disclaims any liability arising from the use of this information.