Allison Stays on as Elders Survives 'Problematic' Year to Lift Profit 12pc

Allison stays on as Elders survives 'problematic' year to lift profit 12pc

Elders makes the most of heady livestock price, saleyard volumes and a growing real estate footprint, to survive drought-squeezed markets and lift profits 12pc.

Elders annual year profit up 34pc on strong livestock prices

Strong livestock prices and growth in real estate have driven a lift in Elders' underlying profit after tax to $86M for the year to Sep, up 34pc from FY24. ..

Elders Forecasts Strong Livestock Prices

Agribusiness group Elders has announced a positive outlook for sheep and cattle prices, reporting a 12 per cent increase in net profit to $50.3 million for the year ending September 30. The company maintained its dividend, declaring a final payout of 18¢ per share. Revenue climbed 2 per cent to $3.2 billion, while underlying EBIT also rose by 12 per cent to reach $143.5 million. Elders is a major provider of farm supplies, crop chemicals and fer…