Australia's Nufarm sees best session in 11 months on Q1 revenue jump
02/02/2022 23:58
** Shares of Nufarm Ltd NUF.AX jump as much as 8% to
A$5.02, their biggest intraday pct gain since Feb 25, 2021
** The seed technology and crop protection maker says
revenue for Q1 FY22 rose 36% from a year earlier, benefiting
from favourable weather conditions and strong demand
urn:newsml:reuters.com:*:nASX3SSB2d
** Says co is increasingly confident of revenue and earnings
growth for FY22
** Stock set for fifth straight session of gains
** Stock hits highest level since Nov 17, 2021
** NUF stock down 4.1% this year, as of last close
(Reporting by Harish Sridharan in Bengaluru)
((harish.sridharan@thomsonreuters.com))
Recent news on Nufarm
See all newsBrief: Nufarm Says For Fy26, Uebitda Is Expected To Be Between A$370 Million And A$380 Million
Australia's Nufarm falls after company flags one-off hits from cost-reduction measures
Australia's Nufarm gains as Morningstar remains upbeat on half-year earnings
Brief: Nufarm Posts H1 Adjusted Net Income AUD52 Million
Australia's Nufarm rises to 10-month high on strong HY earnings, lower annual capex outlook