Key takeaway: T&G Global reported a tough 2023 fiscal year hindered by Cyclone Gabrielle, but executives hope a good season could see the horticulture company return to profitability.
T&G Global (Turners and Growers) reported a challenged year, hindered by Cyclone Gabrielle and its fallout. However, with a positive season, executives hope the company could return to profitability within the new fiscal year.
T&G reported a small bump in revenue, while its net loss fell further.
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Key points
Revenue: up $30 million to $1.33 billion.
Loss: A loss after tax of $45.6m.
Key takeaway: T&G Global reported a tough 2023 fiscal year hindered by Cyclone Gabrielle, but executives hope a good season could see the horticulture company return to profitability.
