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Nufarm says its new herbicide is driving a turnaround, matching or surpassing global competitors despite past losses and no dividends.
Nufarm, an Australian agricultural chemicals company that posted a $165.3 million loss last year and has not paid dividends since May 2024, says it is now performing at par or better than global competitors.
The company credits a newly launched, powerful herbicide for its improved performance and turnaround potential, calling the product a key driver in restoring profitability despite ongoing financial challenges.
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Nufarm dice que su nuevo herbicida está impulsando un cambio de rumbo, igualando o superando a los competidores globales a pesar de las pérdidas pasadas y sin dividendos.