Outlook becomes more cautious at PGG Wrightson
Earnings, margins, revenue hold up, but macro-economic conditions and Cyclone Gabrielle impact on customers the big unknown.
PGG Wrightson CEO Stephen Guerin speaks with Dita De Boni.
A softening real estate market, a string of weather events, and falling sheep meat prices have meant ‘cautious optimism’ has become a ‘cautious’ outlook and downgraded guidance for the full year at PGG Wrightson.
In releasing its half-year results today, PGG told shareholders that three
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