ELD elders limited
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Nufarm released their results this morning and profit up 3 to 7%...

  1. coinburner
    21 Posts.
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    18/05/23
    08:36
    Post #: 67834508
    Nufarm released their results this morning and profit up 3 to 7% (depending what figure you take) but more importantly, gross margin improving 1.2%

    How does this compare with Elders? Does it help clarify if the results were an "elders problem" or a "market problem"?

    Elders saw their agchem division increase margin by 2.1% (as per the half yearly presentation) which is almost double that of Nufarm's - seems good, an outperformance of the competitor by Elders for this particular business unit

    Is that a fair comparison?
    ELD Price at posting: $6.64 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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