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BRIEF-Nufarm Expects H1 Ebitda To Be Significantly Lower Than Prior Year

Published 25/11/2019, 09:25 am
© Reuters.  BRIEF-Nufarm Expects H1 Ebitda To Be Significantly Lower Than Prior Year
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Nov 25 (Reuters) - Nufarm Ltd NUF.AX :

* CLAIMS' IMPACT ON HY FY20 EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION WILL BE ABOUT A$9 MILLION

* DURING RECONCILING ACCOUNTS WITH GERMAN CUSTOMERS FOR CY 2019, IDENTIFIED ADDITIONAL SALES REBATE CLAIMS FROM CUSTOMERS RELATING TO FY19

* MATTER WAS IMMEDIATELY INVESTIGATED WITH EXTERNAL AUDITORS

* COMPETITION REGULATORY FILINGS FOR PROPOSED SALE OF SOUTH AMERICAN BUSINESS ARE WELL ADVANCED

* EXPECTS H1 EBITDA TO BE SIGNIFICANTLY LOWER THAN PRIOR YEAR

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