Diversified rural services provider Elders has reported an underlying profit before tax of $223.5 million for its 2022 financial year, up 42 percent on the previous year, driven by improvements in most parts of the business.
The result comes as managing director Mark Allison, pictured above, announced his retirement, effective some time over the next 12 months.
His departure will book-end a successful resurrection of the Elders business, which was in a parlous position a decade ago when he took up the role as chair, executive chair and, since May 2014, as managing director and CEO.
His…
