May 01, 2016 6:26 AM ET

Diversified Financial Services

Company Overview of Nufarm Finance (NZ) Limited

Company Overview

Nufarm Finance (NZ) Limited operates as a financing company. issues Nufarm Step-up securities for the Nufarm Group. The company is based in Auckland, New Zealand. Nufarm Finance (NZ) Limited is a subsidiary of Nufarm Limited.

6 Manu Street

Otahuhu

Auckland,  

New Zealand

Phone:

64 9 270 4150

Fax:

64 9 270 4159

Key Executives for Nufarm Finance (NZ) Limited

Group Executive of Manufacturing
Compensation as of Fiscal Year 2015.

Nufarm Finance (NZ) Limited Key Developments

Nufarm Finance (NZ) Limited Announces Unaudited Consolidated Earnings Results for the Half Year Ended January 31, 2016

Nufarm Finance (NZ) Limited announced unaudited consolidated earnings results for the half year ended January 31, 2016. For the period, the company reported revenue of AUD 8.712 million against AUD 8.106 million a year ago. Operating surplus before taxation was AUD 7.834 million against AUD 9.606 million a year ago. Operating surplus after tax was AUD 5.640 million against AUD 6.522 million a year ago. Net surplus attributable to members of the listed issuer was AUD 5.640 million against AUD 6.522 million a year ago. Basic earnings per share were 0.56 cents against 0.65 cents a year ago. Net cash flows relating to operating activities was AUD 7.56 million against AUD 8.07 million a year ago.

Nufarm Finance (NZ) Limited Announces Board Changes

The Board of Nufarm Finance (NZ) Limited announced that it has accepted the resignation of Brett Sutherland as a director of the company, effective January 28, 2016, as a consequence of his return to Australia. The Board announced that it has appointed Phillip Hull as a director of the company, effective January 28, 2015.

Nufarm Finance (NZ) Limited Reports Group Audited Earnings Results for the Full Year Ended July 31, 2015

Nufarm Finance (NZ) Limited reported group audited earnings results for the full year ended July 31, 2015. For the year, the company reported group revenues of AUD 2,737 million compared to AUD 2,622 million a year ago. Underlying EBIT was AUD 237 million compared to AUD 201 million a year ago. Underlying net profit was AUD 117 million compared to AUD 86 million a year ago. Statutory net profit was AUD 43.2 million or 39.6 cents per share compared to AUD 37.7 million or 28.1 cents per share a year ago. As at July 31, 2015, the company’s net debt was AUD 547 million compared to AUD 513 million a year ago.

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