Tuesday, 15 September 2015

Connect, September 2015


Record rebate paid and prices capped for spring

Download your copy of Connect, September 2015

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.