Nufarm

Today we announced our 2024 full year results showing earnings at midpoint of guidance with significant improvements in working capital and debt. Nufarm Managing Director and CEO, Greg Hunt, said “Despite a challenging market, Nufarm delivered a solid result for FY24. We reduced net working capital by 30% and net debt by 25%. Our balance sheet position is strong. This is a good performance given industry conditions and demonstrates our ability to navigate a difficult environment.”   Visit our website to read the announcement and see our results in full here:  https://lnkd.in/eHU98r5f

Nufarm announces the establishment of strategic R&D partnerships to further expand our bioenergy platform. Our partnerships with CSIRO, University of Florida and the Instituto Argronomico enable us to leverage the many years of research that each brings to support energy and other downstream needs without compromising food security. Learn more about the exciting path forward: https://lnkd.in/gAH3aiMy  

Our General Manager North America, Ken Barham, recently spoke to the Scoop about how we have transformed our business in North America to meet the changing needs of our customers; how our unique combination of agility, capability and innovation partnerships set us apart to evolve alongside farmers and growers and meet the challenges of tomorrow head-on. Check out the full story here: https://lnkd.in/e3SWGXwF #Nufarm #agriculturalinnovator

This month, Nufarm proudly welcomed representatives from the UK Department for Environment, Food and Rural Affairs and CropLife UK to our Wyke manufacturing site in West Yorkshire, UK. The visitors were impressed with Nufarm’s breadth of capability across research and development, manufacturing, and technical expertise. At the conclusion of the visit, there was a shared understanding of the power of collaboration in delivering innovative solutions that create real value for growers and farmers.   “We really enjoyed the visit to Nufarm’s manufacturing facility in Wyke. It is always valuable for the CropLife UK team to see the cutting edge work our members do to innovate, improve efficiency and sustainability in the manufacturing process, and provide high quality and reliable crop protection solutions to growers.” Darren Mingo, Head of Regulatory Affairs CropLife UK #nufarm #agriculturalinnovator

Nufarm is please to announce that Jeff Wagner has been appointed VP Sales – US Crop Protection and will assume the role as Ken Barham moves to his new role of Regional General Manager on October 1. Since joining Nufarm in 2019, Jeff has been a key figure within the US Crop Protection business, helping to drive transformation in strategic supply partnerships that have become a cornerstone for reliable crop protection solutions, distributed through the channel, to deliver results for retailers and growers. During his five years at Nufarm, Jeff served as a crop protection Key Accounts Manager where he was a strong contributor to growth and customer focus. You can read more about this appointment at: https://lnkd.in/enCUr8bJ

As a global agricultural innovator, we know that supporting our people with the right tools and capabilities is essential to meet the changing needs of our customers. But don’t just take our word for it! This has been demonstrated with two Golds at this year’s Brandon Hall Group HCM Excellence Awards: -Best Leadership Development Category for our NuLead Leader Development Program developed in collaboration with Harvard Business Publishing, which empowers our global leaders with the mindsets, skills and behaviours to lead change and inspire others to grow a better tomorrow. -Best Competencies and Skill Development for our Global Commercial Capabilities Program, developed in collaboration with BTS, which is building a commercial team that is fit for innovation and aspires to be a true partner for growth. This program has received gold for the second year running! “At Nufarm, our people and the focus on our customers, are the secret to our success. That is why we continue to invest in their ongoing development with these award-winning programs. With the right leadership, mindset and the right capabilities we can continue to deliver what our customers need today while also developing the innovative solutions that will meets the needs of our customers tomorrow.” Greg Hunt CEO, Nufarm #Nufarm #bhgawards #ownyourgrowth #staycurious #comeasyouare

Nufarm partners with KD Nutra, a division of The KD Pharma Group, to expand offerings of plant-based long-chain omega-3 ingredients. This partnership allows both companies to leverage their expertise to offer the market new sources of omega-3 beyond marine sources and tap into the rapidly growing demand for alternatives. Click here to read the announcement: https://lnkd.in/gMrk8H7V

Nufarm is pleased to welcome Brendan Deck, Regional General Manager of Nufarm North America, back to Australia in a corporate advisory role from December 2024. Ken Barham will succeed him as General Manager North America from October 2024. After building and growing Nufarm in North America for the past 9½ years, Brendan Deck will return to Australia in December 2024. In his new role, Brendan will continue to support Nufarm as a strategic advisor to the Group, utilising his considerable commercial and product experience. Brendan will be succeeded as Regional General Manager, North America by Ken Barham, effective from 1 October 2024. Ken is currently the VP Sales for Nufarm’s crop protection business in the US. Commenting on the change, Nufarm CEO Greg Hunt said, “Brendan Deck and Ken Barham epitomise Nufarm’s relentless focus on delivering for our customers and suppliers. For the past ten years Brendan Deck has led the growth of our North American business, achieving many important milestones. Ken Barham joined Nufarm in 2017 and brings more than 20 years of commercial experience in the crop protection industry to the role.” Click here to read the full announcement: https://lnkd.in/gKqZjz6H

Nufarm acquires licence to Omega-3 Assets by Yield10 Nufarm has acquired the licence to omega-3 producing products and related herbicide and oil improvement technologies in camelina by Yield10. Nufarm CEO, Greg Hunt said, “Yield10 camelina assets and know-how in both omega-3 and bioenergy sectors have a unique fit with Nufarm’s Value Beyond Yield® and platform strategies. While the program still requires further development time and investment before achieving revenue, it offers a broadened portfolio of solutions for our customers both at the farm-gate and with end-use customers.” Yield10’s Camelina platform fits strategically with Nufarm’s Omega-3 platform providing EPA and DHA profiles and herbicide tolerance traits that are complementary to those present in Nufarm’s Omega-3 Canola. The potential to grow camelina as a winter cover crop also expands the possible growing period and regions for plant-based omega-3. Potential applications include nutraceuticals, pharmaceuticals and aquafeed. Read more here: https://lnkd.in/gXgciYNV

Today we announced our half year results, with a solid first half profit. Nufarm Managing Director and CEO, Greg Hunt, said “Despite challenging conditions, Nufarm delivered a solid result for the first half of fiscal 24.” We are making continued progress on key strategic growth milestones and are on track to meet FY26 revenue aspirations. Visit our website to read the announcement and see our results in full here: https://lnkd.in/g-neP-tx