PGG Wrightson expects FY19 operating earnings to match prior year's record

Thu, 11 Oct 2018

By Rebecca Howard Oct. 11 (BusinessDesk) - PGG Wrightson expects full-year operating earnings to be on par with last year's record, including earnings from the seed and grain business that it is selling to Danish cooperative DLF Seeds The company said it expects its operating earnings before interest, tax, depreciation and amortisation to June 30, will be approximately $70 million. In August, it said its operating ebitda was a record $70.2 million in the year ended June. "We are optimistic about the prospects for our trading performan...

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