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Jun. 9, 2021
Nufarm announces FY22 Results – Delivers record revenue and underlying EBITDA result, with growth across all operating segments
Hikal registers highest ever quarterly revenue in Q2
Sales of crop protection products increased year-over-year after the acquisition of four South American subsidiaries of Nufarm in April 2020. Shipments in India also performed well.Market prices for methionine (feed additives) increased from the previous year. As a result, sales revenue increased by ¥79.3 billion from the previous year, to ¥423.0 billion. Backed by the improved margins of methionine and increased global shipments of crop protection products, core operating income increased by ¥29.5 billion from the previous year, to ¥31.5 billion.
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