Shares in agribusiness group Elders jumped more than 15 per cent as chief executive Mark Allison reinforced the company’s resilience in tougher times despite falling fertiliser prices, and higher interest rates hitting the real estate division.
“Elders is not a one-trick pony,” he said.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
