Elders delivers promised dividends and a $116m statutory profit

Andrew Marshall
Updated November 15 2017 - 11:25am, first published November 13 2017 - 1:30pm
The much-improved wool market and continuing  demand for sheepmeat and beef cattle have helped drive profits for Elders' agency business and real estate turnover.
The much-improved wool market and continuing demand for sheepmeat and beef cattle have helped drive profits for Elders' agency business and real estate turnover.

After nine years in the share dividend wilderness, a reinvigorated Elders will pay a double dividend to long-suffering shareholders and has posted a 44 per cent jump in full-year statutory net profit to $116 million.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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