PGG Wrightson raises earnings forecast as ag sector rebounds

(Image: Supplied)

Fri, 11 Jul 2025

PGG Wrightson (PGW) has increased its market guidance after a stronger-than-expected performance across its business and continued resilience in the agricultural sector.The NZX-listed rural services firm now expects operating earnings before interest, tax, depreciation and amortisation (ebitda) of around $54 million, up from $51m.Its chair, Garry Moore, said the agricultural sector had rebounded and built momentum as the financial year had progressed, in contrast to some other parts of the economy.“Improved farmer confidence, favourable g...

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