Nufarm's European sales up 5% in the first half year

Agro Napló
Nufarm Europe today announced year-on-year growth of 5% (in EUR) in branded sales for the first half of the financial year to 31 January 2018. Solid demand was reported for most products, with strong results on high-value products such as U 46 (MCPA) and Kyleo (glyphosate and 2,4-D mixture).

Key countries like Germany, Benelux, Italy, Spain and Romania report robust sales, while France and Turkey were facing challenges in their regulatory and market environments.

Nufarm's European manufacturing sites in Wyke (UK) and Linz (Austria) report a healthy level of activity with strong MCPA and 2,4-D outputs. Hugo Schweers, Executive General Manager Europe, said: “The first half has shown strong sales growth on key products. By completing portfolio acquisitions from Adama, Syngenta and FMC, we have laid the foundations for further growth. Nufarm has become a leading crop protection supplier in Europe, with a strong core chemistry strategy and a differentiated, solution-driven offering.”

Címlapkép: Getty Images
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