What were the key financial results for Nufarm (ASX:NUF) in its half-year ended March 31?

Nufarm delivered strong earnings growth, headlined by a 28% increase in statutory net profit after tax (NPAT) to $38 million. Underlying NPAT jumped 35% to $52 million, while underlying EBITDA rose 18% to $243 million compared to the prior corresponding period.

Is Nufarm (ASX:NUF) currently profitable and generating positive cash flow?

Yes, Nufarm is profitable and showing significant cash improvement, with a half-year statutory NPAT of $38 million. The company's free cash flow improved by $193 million over the period, indicating much stronger cash generation compared to the previous year.

How much debt does Nufarm (ASX:NUF) have on its balance sheet?

Nufarm reduced its net debt by $135 million compared to the prior corresponding period, bringing its total net debt down to $1.23 billion. This reduction reflects the company's successful focus on deleveraging and better operational cash generation.

What operational drivers pushed Nufarm's growth during the half-year?

Growth was primarily driven by higher gross margins within the crop protection division and a successful performance improvement plan in Europe. Additionally, the company benefited from expansion within its hybrid seeds sector and a refreshed corporate strategy.

What are the main bull points for Nufarm (ASX:NUF) after this earnings report?

The main bull points include double-digit profit growth across statutory and underlying metrics alongside a substantial $193 million lift in free cash flow. Management also locked in a key commercial milestone by expanding its carinata oil offtake agreement with BP to scale up the program.

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Nufarm profit climbs 28% as debt drops

Written by Jon CuthbertPublished May 26, 2026, 10:45 PMLast Updated Jul 6, 2026, 6:25 AM

Nufarm (ASX:NUF) disclosed its financial performance for the half-year ended March 31, characterised by strong profit growth, improved cash flow, and progress on debt reduction.

The company reported a statutory net profit after tax of $38 million, representing a 28% increase on the prior corresponding period.

Performance was further bolstered by an underlying net profit after tax of $52 million, up 35%, and an 18% rise in underlying EBITDA to $243 million.

Nufarm's balance sheet strengthened considerably, with free cash flow improving by $193 million.

The cash generation aided in driving down net debt to $1.23 billion, a reduction of $135 million on the prior corresponding period.

The company's growth was propelled by gross margin improvements in crop protection, a European turnaround plan, and expansion within its hybrid seeds sector.

Nufarm scaled up its carinata programme through an expanded offtake agreement with BP and targeted an additional $50 million in cost savings following a comprehensive strategy refresh announced in April.

Management reaffirmed its full-year outlook for both underlying EBITDA and leverage, signalling steady operational momentum for the remainder of the 2026 financial year.

Nufarm profit climbs 28% as debt drops

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