News: Nufarm grows H1 profit, confident on FY15

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    Nufarm Limited (ASX:NUF) has improved its interim result and reported earnings growth in all major crop protection regions. 

    The agricultural chemicals supplier boosted its net profit by 23 per cent to $23.1 million in the first half of the 2015 financial year. 

    The result was aided by a 4 per cent increase in revenue but tempered by $3.3 million in restructuring costs. 

    Looking ahead the company advises its sales and earnings remain heavily weighed to the second half along with the major cropping seasons. 

    Nufarm has also stated it remains confident of generating improved profitability over the prior year. 

    Nufarm has improved its interim payout by 1 cent to 4 cents per share. 
 
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