BUZZ-Australia's Nufarm jumps on upbeat revenue forecast for omega-3 products

Reuters

02-04

BUZZ-Australia's Nufarm jumps on upbeat revenue forecast for omega-3 products

** Shares of Nufarm NUF.AX rise 4.8% to A$3.73, their highest level since Dec. 13

** Seed technology co expects A$100 million ($62.19 million) in revenue from its plant-based omega-3 products in FY25, up from A$50 million in FY24

** Stock rose as much as 7.1% earlier in the day, marking its biggest intraday gain since Nov. 14

** Stock among top gainers in the S&P ASX/200 index .AXJO

** Stock up 5.4% this year, including the day's move

($1 = 1.6080 Australian dollars)

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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