2005 Archive - Nufarm

16 Nov 2005 Nufarm targets Andean Region with acquisition in Colombia
Nufarm Limited announced today that it has reached agreement on terms to acquire a crop protection company in Colombia as a base for further expansion into markets in the Andean region.

04 Oct 2005 2005 Full Year Profit Announcement
Full year results for the period ending July 31, 2005

01 Aug 2005 Sale of Nuturf Pty Ltd
Nufarm Limited announced today that it has signed a heads of agreement for the sale of its Australian turf/speciality business, Nuturf Pty Ltd, to Hong Kong based C K Life Sciences International Holdings Inc. for $7.2 million. 2004 financial year sales for Nuturf Pty Ltd were approx. $20 million; after tax profit was $1.8 million.

14 Apr 2005 Nufarm confirms sale of SEAC subsidiary
Nufarm Limited announced today that it has completed the divestment of its SEAC pharmaceutical intermediates business. The business, based near Lille in France, has been sold to Minakem Holdings S.A.S for total consideration of €23 million.

29 Mar 2005 Report to shareholders 6 months ended January 31, 2005
Nufarm Limited has generated an operating profit of $27 million for the half year period ending on January 31, 2005. This result includes a contribution of $18.2 million relating to Nufarm’s investment in Brazilian crop protection company, Agripec.

10 Feb 2005 Standard & Poor’s affirms rating and revises outlook to ‘positive’
Standard & Poor’s Ratings Services has affirmed its ‘BBB-‘ corporate credit rating on Nufarm Limited and has revised its outlook from Stable to Positive.

21 Jan 2005 Settlement completed on Agripec investment; update on divestments
Nufarm Limited confirmed today that final settlement has taken place in relation to its 49.9% equity investment in Brazil based crop protection company, Agripec. Nufarm’s ownership position is effective from August 1, 2004.