PGG Wrightson rides buoyant rural sector
Viticulture and arable cropping the only clouds on the horizon as half-year profit is up 8%.
PGG Wrightson’s Retail & Water division was the main profit engine in the half.
Good conditions for red meat and dairy farmers have fed into improved half-year results for farming supplies and services group PGG Wrightson.
Revenue for the six months to December was up 9% to $619.4 million, delivering a net profit of $17.3m, up 8% on the same period a year earlier.
In a statement
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