Displaying items by tag: Mark Dewdney

The 2018 financial year has begun with confidence high among dairy, beef and horticultural clients due to good commodity prices, says PGG Wrightson in its first quarter guidance update to shareholders.

Rural service provider PGG Wrightson, majority owned by Chinese conglomerate Agria, will announce its annual results next week.

Strength in beef cattle, horticulture and real estate helped offset PGG Wrightson's (PGW) tough year for the parts of the business exposed to dairy.

Plenty of "positivity" in sectors of NZ agriculture has offset the effects of the dairy downturn and difficulties in South America for PGG Wrightson (PGW), says CEO Mark Dewdney.

PGG Wrightson has raised its full year forecast despite challenging conditions in some sectors.

Despite PGG Wrightson's half-year earnings being down on last year's record – the rural services company still posted its second-best result in nearly a decade.

Rural services company PGW Wrightson says its run-in with the competition watchdog over price fixing was a tough lesson.

Rural service trader PGG Wrightson has lifted annual earnings for the third straight year despite the dairy downturn.

Rural trader PGG Wrightson has reported a half-year gross profit of $33.6 million, its best result in seven years. Group revenue was up 3% and net profit after tax increased to $19.7 million, up from $13.4 million for the same period last year.

PGG WRIGHTSON (PGW) is forecasting before tax earnings in the $56- $58 million range, slightly up on the guidance range indicated in February.