PGG Wrightson paints pretty picture after record result

PGG Wrightson reports record first half result. (Image: Supplied)

Tue, 22 Feb 2022

PGG Wrightson lifted its full-year guidance after a record first-half result. The rural services group said that operating earnings before interest, tax, depreciation, amortisation (ebitda) were $47.4 million in the six months to Dec 31, up 20%. Net profit was $22.5m, up 32%, and the firm will pay an interim dividend of 14 cents a share. That's up from 12 cents a year earlier.“Whilst a degree of volatility in international markets continues with disrupted supply chains, inflationary pressures and a global pandemic, our busin...

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