Top brokers pick these 3 underperforming ASX shares as their latest buy idea
Top brokers pick these 3 underperforming ASX shares as their latest buy idea
Value investors will increasingly need to look at the ASX dogs of FY21 to find bargains for the new financial…
Brendon’s passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review. Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if he chooses to.
Revenue increased by 20% to $1.65 billion, underlying EBITDA rose 118% to $233.6 million and underlying earnings before interest and tax (EBIT) grew 1,590% to $130.4 million. Its operating profit improved to a profit of $128.8 million.
The ASX 200 share reported that there was growth in all regions and ‘seed technologies’, with particularly strong growth in the Asia Pacific and European regions.
The Nufarm managing director and CEO Greg Hunt said:
Strong early demand and channel restocking in key markets has delivered a very strong first half result. We are realising benefits from the leverage of our APAC business to improved seasonal conditions and the earnings recovery in our European business is on track.
Nufarm (ASX:NUF) share price up 5% after doubling half year earnings fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
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NEW YORK, May 12, 2021 /PRNewswire/ Fact.MR s latest report on global sulfur fertilizer projects a steady growth over the forecast period of 2021 and 2031. Rising demand for sulfur fertilizer in various applications such as cereals & grains, fruits & vegetables, and advancements in agriculture industry is fuelling the sales. Furthermore, due to the growing need of sulfur fertilizer in agriculture industry, government funding & investment has increased over the past years. Increasing investment in research & development (R&D) activities by key players will also aid the industry growth.
With the manufacturing sector developing constantly and incorporation of advanced technology in agriculture industry, key players are expected to gain higher profit margins over the forecast period. Increasing application of sulfur fertilizer for soil fertilization of various fruits, crops & vegetables in agriculture sector will provide growth opportunities fo