Nufarm stock sees Sumitomo agree to South America sale

Published on 10/08/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nufarm stock was last at AUD 3.190 on October 7, 2026, up 0.95 percent. First-half EBITDA rose 18 percent to AUD 243 million, while leverage fell to 3.6x.

Nufarm, AU000000NUF3, Illustration mit AI erstellt.

Nufarm (ISIN AU000000NUF3) was last at AUD 3.190 on the Australian Securities Exchange on October 7, 2026, up 0.95 percent from the previous session. The company agreed to sell its South American crop protection and seed treatment operations to Sumitomo Chemical, according to HortiDaily on October 7, 2026.

Sale sharpens the portfolio

The agreement covers Nufarm's crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile. HortiDaily reported that proceeds from the transaction will be used to pay down debt, while Nufarm will review corporate costs after completion.

The strategic effect is more important than the immediate share move. Nufarm is narrowing its operating footprint while keeping a global crop protection business and a seed technology operation focused on Europe, North America and Asia Pacific.

EBITDA growth meets lower leverage

Nufarm's first-half fiscal 2026 underlying EBITDA increased 18 percent to AUD 243 million, and underlying net profit after tax rose 35 percent to AUD 52 million. The figures come from the company's first-half earnings call transcript published by Yahoo Finance.

Gross profit rose 7 percent and reached a 33.1 percent margin in the six months ended March 31, 2026. Free cash flow improved by AUD 193 million year over year, while net debt to underlying EBITDA declined from 4.5x to 3.6x, giving the transaction a clear balance-sheet angle.

Analysts see further upside

The analyst consensus remains Buy, with eight analysts and an average price target of AUD 3.56, according to Stock Analysis. That target stands 11.60 percent above the October 7 price of AUD 3.190, creating a quantified comparison between the market quote and the published consensus.

The same page lists Nufarm's market capitalization at AUD 1.23 billion and its 52-week performance at 36.85 percent as of October 7, 2026. For investors, the central test is whether debt reduction and higher-margin seed growth can offset weaker crop protection conditions.

Nufarm stock heads toward results

Nufarm stock was last at AUD 3.190 on the ASX on October 7, 2026, with a 0.95 percent daily gain. Nufarm identifies the ASX as its listing venue and its symbol as NUF.