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Elders full year result includes second highest earnings in a decade, despite softer commodity prices

Elders Roma agent Brady Jackson with heifers on sale at a weekly Tuesday Roma store sale

DIVERSIFIED agribusiness service provider Elders has reported pre-tax earnings of $170.8 million and net profit of $100.8 million in its annual results released today, for the year ended 30 September.

Pre-tax earnings were down 26pc from the previous financial year, while statutory net profit was back 38pc. The company declared a final dividend of 23c per share (30pc franked).

The strong earnings performance came despite adverse market headwinds, including softening input prices for key agricultural…

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