Dual listed Viterra (ASX:VTA, TSE:VT) has been accredited to export bulk wheat for the next three years, providing it with certainty to make further investments.
The grain handler and marketer has been notified from Wheat Exports Australia that its existing accreditation has been renewed.
Viterra says the accreditation also provides greater flexibility for its export customers to manage their bookings.
Over the last year Viterra has exported more than 7 million tonnes of grain through South Australian ports, exceeding previous annual records.
In the year to October 31, 2010 Viterra posted a net profit of $145.3 million.
VTA Price at posting:
$10.40 Sentiment: None Disclosure: Held
