Dairy uncertainty weighs on Tru-Test
The agri-tech company nearly doubled its net profit in 2015 but says the current financial year is behind expectations because of reduced farmer spending.
Hamish McNicol
Mon, 10 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Agri-tech company Tru-Test Corporation has posted a near-double net profit following “standout” sales in the US and Brazilian markets, even as the 2014 Fifa World Cup stopped a lot of business in Brazil.
But a “tightening” local dairy market has led to a notable slowdown in expenditure, which the
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Hamish McNicol
Mon, 10 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.