The company typically earns more in the second half of its year, reflecting the major cropping seasons in the Northern Hemisphere and Australia.
A month after raising $A300 million in a share placement, chemicals maker Nufarm says it will miss its previous full year earnings guidance by 15%.
Investors responded by hammering the share price, sending it down 11% to $10.73.
The New Zealand-born company, now listed on the ASX with a bevy of kiwi shareholders, says sagging demand for glyphosate and increased competition will effect earnings.
Glyphosate is one of the world's most widely used herbicides.