Jan 17 (Reuters) – Australian farm chemical provider Nufarm Ltd NUF.AX mentioned on Friday it expects core earnings to halve within the first-half as a consequence of difficult market situations and excessive climate.
The corporate expects earnings earlier than curiosity, tax, depreciation and amortization (EBITDA) to be between A$55 million ($37.93 million) and A$65 million, when it studies outcomes on March 25.
The corporate had reported an EBITDA of A$120.9 million within the first half of final 12 months.
($1 = 1.4499 Australian {dollars})
(Reporting by Nikhil Kurian Nainan in Bengaluru; Enhancing by Amy Caren Daniel)
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