Nufarm Expects AU$100 Million in Omega-3 Canola Revenue in Fiscal Year 2025, Shares Rise 4%

MT Newswires Live

Feb 04, 2025

Nufarm (ASX:NUF) said it expects to achieve AU$100 million in its omega-3 canola product in the fiscal year ending June 30, subject to market pricing, according to a Tuesday Australian bourse filing.

It said its plans to plant carinata in South America for its 2025 crop are well advanced and its cost-saving and inventory reduction measures, announced earlier, are on track.

The crop protection and seed technology firm plans to conduct up-sized commercial trials in Australia for carinata plants this year.

It expects its net working capital in the first half of fiscal 2025 to be "marginally higher" than the prior year, due to additional working capital for its omega-3 platform and movements in currency.

It also identified AU$50 million of annualized cost savings.

Its shares rose 4% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2508015011"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2508015011\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2508015011?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-04 11:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508015011","market":"sh","top_or_hot":-1,"title":"Nufarm Expects AU$100 Million in Omega-3 Canola Revenue in Fiscal Year 2025, Shares Rise 4%","media":"MT Newswires Live","content":"<html><body><p> Nufarm (ASX:NUF) said it expects to achieve AU$100 million in its omega-3 canola product in the fiscal year ending June 30, subject to market pricing, according to a Tuesday Australian bourse filing.</p><p>It said its plans to plant carinata in South America for its 2025 crop are well advanced and its cost-saving and inventory reduction measures, announced earlier, are on track.</p><p>The crop protection and seed technology firm plans to conduct up-sized commercial trials in Australia for carinata plants this year.</p><p>It expects its net working capital in the first half of fiscal 2025 to be \"marginally higher\" than the prior year, due to additional working capital for its omega-3 platform and movements in currency.</p><p>It also identified AU$50 million of annualized cost savings.</p><p>Its shares rose 4% in recent trading on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nufarm Expects AU$100 Million in Omega-3 Canola Revenue in Fiscal Year 2025, Shares Rise 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNufarm Expects AU$100 Million in Omega-3 Canola Revenue in Fiscal Year 2025, Shares Rise 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-04 11:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Nufarm (ASX:NUF) said it expects to achieve AU$100 million in its omega-3 canola product in the fiscal year ending June 30, subject to market pricing, according to a Tuesday Australian bourse filing.</p><p>It said its plans to plant carinata in South America for its 2025 crop are well advanced and its cost-saving and inventory reduction measures, announced earlier, are on track.</p><p>The crop protection and seed technology firm plans to conduct up-sized commercial trials in Australia for carinata plants this year.</p><p>It expects its net working capital in the first half of fiscal 2025 to be \"marginally higher\" than the prior year, due to additional working capital for its omega-3 platform and movements in currency.</p><p>It also identified AU$50 million of annualized cost savings.</p><p>Its shares rose 4% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NUF.AU","symbol_name":"NUFARM LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2508015011","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508015011","pubTimestamp":1738638341,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Nufarm  said it expects to achieve AU$100 million in its omega-3 canola product in the fiscal year ending June 30, subject to market pricing, according to a Tuesday Australian bourse filing.It said its plans to plant carinata in South America for its 2025 crop are well advanced and its cost-saving and inventory reduction measures, announced earlier, are on track.The crop protection and seed technology firm plans to conduct up-sized commercial trials in Australia for carinata plants this year.It expects its net working capital in the first half of fiscal 2025 to be \"marginally higher\" than the prior year, due to additional working capital for its omega-3 platform and movements in currency.It also identified AU$50 million of annualized cost savings.Its shares rose 4% in recent trading on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NUF.AU":"NUFARM LTD"},"translate_title":"Nufarm预计2025财年Omega-3菜籽油营收1亿澳元，股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NUF.AU":0.9},"content_text":"Nufarm (ASX:NUF) said it expects to achieve AU$100 million in its omega-3 canola product in the fiscal year ending June 30, subject to market pricing, according to a Tuesday Australian bourse filing.It said its plans to plant carinata in South America for its 2025 crop are well advanced and its cost-saving and inventory reduction measures, announced earlier, are on track.The crop protection and seed technology firm plans to conduct up-sized commercial trials in Australia for carinata plants this year.It expects its net working capital in the first half of fiscal 2025 to be \"marginally higher\" than the prior year, due to additional working capital for its omega-3 platform and movements in currency.It also identified AU$50 million of annualized cost savings.Its shares rose 4% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}