Australia's Nufarm jumps on upbeat revenue forecast for omega-3 products

Nufarm

04/02/2025 24:08

** Shares of Nufarm  NUF.AX  rise 4.8% to A$3.73, their
highest level since Dec. 13
    ** Seed technology co expects A$100 million ($62.19 million)
in revenue from its plant-based omega-3 products in FY25, up
from A$50 million in FY24
    ** Stock rose as much as 7.1% earlier in the day, marking
its biggest intraday gain since Nov. 14
    ** Stock among top gainers in the S&P ASX/200 index  .AXJO 
    ** Stock up 5.4% this year, including the day's move 


($1 = 1.6080 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))