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RIABU's Mark Laudi and Simon Littlewood discuss what Nufarm's move means ahead of recession worries.
RIABU's Mark Laudi and Simon Littlewood discuss what Nufarm's move means ahead of recession worries.

Blog post -

Nufarm gets rewarded for positive risk management move

Nufarm recently sold off part of a subsidiary in Brazil for A$1.2 billion. The Australian agricultural chemicals company had been under pressure to reduce its debt - it was leveraged at three times its earnings. The disposal would cut its leverage to 0.7x.

Investors rewarded Nufarm's move to improve its balance sheet by buying into its shares, sending its stock price up, reversing its status from being a heavily-shorted stock on the ASX.

RIABU's Simon Littlewood and Mark Laudi discuss what Nufarm's move means ahead of recession worries and why companies would do well to look at risk management in these times.

Click here to listen to the full podcast.

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RIABU helps companies of all sizes – but especially SMEs – be first in line to get paid. We provide you with insights into the past payment conduct of prospects and customers, and how long they are likely to take to pay their invoices, based on the experiences of other suppliers. RIABU also helps you to get paid on time in the future, by giving you access to the RIABU Academy. There you can find expert advice, best practice guides, and peer forums to improve your policies and processes and ensure you get paid faster.

Press contacts

Mark Laudi

Mark Laudi

Press contact Managing Partner (+65) 6223 2249