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Nufarm sales down 4% in first half

Reduced sales in most of its major markets saw Nufarm’s revenues fall by 4.2% to Aus$863 million (US$915 million) during the six months ended January 31st 2011. However, if sales of foreign operations are expressed in constant currency terms, revenues were up by 2.3% to Aus$922 million (US$977 million) in the first half of fiscal 2012, the company points out. “While a global agricultural business will always be subject to seasonal and business swings, we are building a much stronger base from which we can secure profitable growth well into the future,” says Nufarm’s managing director, Doug Rathbone.


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