Australia's Nufarm falls after company flags one-off hits from cost-reduction measures
23/09/2026 01:58
BUZZ-Australia's Nufarm falls after company flags one-off hits from cost-reduction measures ** Shares of Nufarm NUF.AX fall as much as 9.4% to A$2.9, their biggest intraday pct loss since May 22, 2025
** Shares drop to their lowest levels since August 17
** The seed technology company expects material items in FY26 to be between A$90 million and A$110 million ($64.04 million - $78.27 million)
** Says one-off charges relate to implementation of strategy refresh and cost-reduction programme
** YTD, shares up 25.5%
($1 = 1.4055 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
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