Elders delivers steady profit, invests for growth

Nov. 11, 2019 | 2 min read
In its 180th year, Elders has delivered a steady profit result, while positioning the business for future growth by continuing to invest in the future of regional Australia. Underlying after-tax profit of $63.6 million was recorded, in line with the previous year. Underlying earnings before interest and tax (EBIT) fell just 1% to $73.7 million. Elders has announced a final dividend of 9 cents per share fully franked, taking the full-year dividend to 18 cents.

BASF’s strategy in agriculture aims for innovation-driven growth in specific markets

Oct. 1, 2019 | 3 min read
- Compelling offer connects seeds, traits, crop protection and digital solutions to support farmer success worldwide - Aiming for profitable growth of one percentage point above global agricultural market and a 50% increase in sales by 2030 - Launch of over 30 new products by 2028 with peak sales potential of more than €6 billion - Increase sales of products that make a substantial contribution to sustainability

GLOBAL REPORT CONFIRMS GM CROPS ARE BENEFICIAL TO FARMERS, AGRICULTURE AND THE ENVIRONMENT

Aug. 23, 2019 | 2 min read
The latest independent report published by the International Service for the Acquisition of Agri-Biotech Applications (ISAAA) confirms that plant biotechnology continues to have significant benefits for farmers, communities, consumers, economies and the environment.

ACCC gives green light to Landmark acquisition of rival RuralCo

Aug. 22, 2019 | 2 min read
Two of Australia's largest rural retailers, Landmark and RuralCo, are a step closer to becoming one after the competition watchdog gave its blessing to a merger proposal.

UPL unviels global identity and vision

July 18, 2019 | 5 min read
UPL has unveiled its “living” brand, revealing a bold new company identity. The new brand brings its OpenAg purpose to life, with the objective of having the world’s first open agriculture network.

Elders flags $187m AIRR takeover tilt

July 16, 2019 | 2 min read
Elders has made a $10.85-per-share, half-scrip, half-cash bid for Australian Independent Rural Retailers in a deal that values the enterprise at $187 million.

Elders strengthening horticulture investments in technical services

July 10, 2019 | 2 min read
Building on its position in Australian horticulture was one of the aims for iconic agribusiness Elders at this year's Hort Connections.

ACCC warns Ruralco takeover could lead to higher prices for farmers

June 14, 2019 | 2 min read
The competition watchdog has highlighted "competition concerns" with the $469 million takeover of agricultural merchandiser Ruralco by global agribusiness Nutrien, warning of the potential for higher prices and decreased services for farmers.

2019 first half financial results

May 22, 2019 | 4 min read
Elders Limited (ASX:ELD) today released its half year results for the six months to 31 March 2019, continuing to deliver on its Eight Point Plan initiatives despite the reduced activity in agriculture due to the hot and dry conditions across Australia. Elders also announced a fully franked interim dividend of 9 cents per share.

Ruralco diversification drives half-yearly growth, profit and dividend

May 22, 2019 | 4 min read
AGRIBUSINESS leader Ruralco has attributed its three per cent growth and after tax of $16.6 million for the half year ended 31 March 2019 to its diversification strategy.