PGG Wrightson back to dividends in early 2021

Tue, 20 Oct 2020

Rural services group PGG Wrightson expects to bounce back from a weak second half of the 2020 financial year and resume paying dividends on the strength of horticulture and real estate rebounds.Chair Roger Finlay told shareholders at the group's annual meeting in Blenheim PGW is now "well placed" to deliver on operating earnings before interest, tax depreciation and amortisation of about $52 million — including the impact of lease accounting standards under NZ IFRS 16 — representing a 15 percent improvement on 2020.He...

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Policy

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Law & Regulation

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