Blog Post

Elders first-half earnings at $132.8m up 80pc year-on-year

ELDERS Limited has posted earnings before interest and tax of $132.8 million for the six months to March 31, up 80 percent on the corresponding 2021 half-year figure, the agribusiness announced today.

Its sales revenue for HY22 at $1.5 billion is up 38pc on the equivalent period last year.

Elders’ retail and wholesale products divisions, as well as its four services divisions — agency, real estate, financial, and feed and processing —have outperformed the 1H21 results in in all product areas and geographies.

This has been led by rural products, with sales up $312.9 million, or 47pc,…

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