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Nufarm Forecasts 25% Rise in Fiscal 2026 Underlying EBITDA

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Nufarm (ASX:NUF) expects underlying earnings before interest, tax, depreciation and amortization (EBITDA) for fiscal 2026 to rise about 25% to AU$370 million to AU$380 million, according to a Wednesday Australian bourse filing.

Leverage is forecast to decline to around 2 times from 2.7 times, supported by stronger earnings, improved cash generation, and better working capital management, per the filing.

Seed Technologies is expected to deliver strong growth, supported by hybrid seeds and improved omega-3 pricing, while Crop Protection is likely to remain broadly stable year-on-year amid currency headwinds and softer conditions in North America, the filing said.

The company is advancing its strategy refresh, including site closures and stock-keeping unit rationalization, and remains on track to achieve AU$50 million in annualized cost savings by fiscal 2027, the filing added.

What else is happening in Asia?

Asia

Goodman Group Receives 2 Shareholder Resolutions for Upcoming Annual General Meeting

Goodman Group (ASX:GMG) received two shareholder resolutions for consideration at its Nov. 19 annual general meeting, according to a Monday filing with the Australian bourse.One of the resolutions calls on the company to disclose its framework for identifying and managing material environmental and social-license risks related to data center development close to residential areas, schools, or environmentally sensitive land.The second one seeks an amendment to Goodman Group's constitution to permit advisory resolutions, per the filing.Both resolutions are advisory and do not bind the company's directors.Its shares gained past 1% in recent Tuesday trade.

ASX:GMG
Asia

Farglory Land Development Approves NT$5.46 Billion Construction Contract

Farglory Land Development (TPE:5522) approved a construction contract with its subsidiary, Farglory Construction, for a land bank in Kaohsiung City for NT$5.46 billion, according to a Monday Taiwan bourse filing.The real estate developer's subsidiary will be engaged in the contract on the company's own land to increase revenue.

TPE:5522
Asia

Sealink International Receives $17 Million Insurance Payout for Vessel Fire Incident in Brazil

Sealink International (KLSE:SEALINK) has received the insurance proceeds of $17.3 million on Monday, in relation to the fire incident involving one of the group's vessels located in Brazil, according to a sameosay filing to the Malaysian bourse.The payout follows a settlement agreement executed on May 5.The company's shares were up nearly 2% in recent trade.

KLSE:SEALINK