Tuesday, 15 September 2015
Connect, September 2015
Record rebate paid and prices capped for spring
Strategy pays off
Our strategy and focus on strengthening our balance sheet has allowed us to pay a record rebate of $50 per tonne, and cap superphosphate at today’s prices until the summer.
Highlights of 2014-15
- No New Zealand debt
- Over $100 million cashflow for second year running
- Over $33 million invested in capital improvements
- Decade-high equity ratio
Superphosphate price cap
Prices for superphosphate will be capped at today’s prices until 30 November 2015.