PGG Wrightson says full-year earnings were $56M-$58M, beating guidance

PGG Wrightson says full-year earnings were $56M-$58M, beating guidance
June 19 (BusinessDesk) - PGG Wrightson, the rural services firm controlled by China’s Agria Corp, said full-year earnings exceeded its guidance even in the face on unfavourable weather  and announced the $30 million purchase of a company that owns properties it leases. Operating earnings before net finance costs, income tax, depreciation, amortisation, fair value adjustments, non-operating items and equity accounted earnings was between $56 million and $58 million, beating the guidance it affirmed in February of $52 million to $56 million....