NZ's PGG Wrightson jumps on upgraded FY26 earnings outlook

About this update from Pgg Wrightson Limited

** Shares of PGG Wrightson NZX:PGW rise as much as 6% to NZ$2.3, set for their strongest trading session in nearly a month, if current trend holds ** Stock touches its highest level since November 26** The agricultural services provider now expects operating EBITDA of about NZ$64 million ($37.16 million) for FY26, up from its previous outlook of above NZ$60 million** Co says uplift reflects continued strength and resilience of New Zealand's agricultural sector through 2025, helped by strong farmgate returns across beef and sheep meat** Stock last up 0.5% including day's moves, up ~38% YTD ($1 = 1.7224 New Zealand dollars)

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