Pgg Wrightson LimitedNZX: PGW

PGW: Net profit after tax fell to $3.1m on lower revenue and margin pressure

· Issued by PGG Wrightson Limited

PGG Wrightson's FY24 revenue and profit declined sharply, with net profit after tax at $3.1m and operating EBITDA at $44.2m, reflecting margin pressure and higher costs. Key risks include receivables collectability and inventory valuation.

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