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Nufarm shares plunge after profit downgrade

Brad Thompson
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Nufarm boss Greg Hunt was unable to give investors a firm answer on when farm chemical prices will stabilise after the company announced a surprise profit downgrade on Thursday, sending the share price tumbling.

The Nufarm share price plunged more than 10 per cent to $3.93 after it backtracked on guidance issued three months ago.

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Brad Thompson was a reporter at The Australian Financial Review
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    Original URL: https://www.afr.com/companies/agriculture/nufarm-shares-plunge-after-profit-downgrade-20240815-p5k2n5