Elders Limited (AU:ELD) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Elders Limited has demonstrated resilience despite challenging conditions in early FY24, achieving steady earnings and taking significant steps in its diversification strategy, notably with the planned acquisition of Delta Agribusiness. The company successfully raised $246 million through a rights issue to support this acquisition, while also continuing CEO succession planning and renewing its board with new directors. As the company marks its 185th anniversary, Elders looks forward to creating value for its shareholders and a promising fiscal year ahead.
For further insights into AU:ELD stock, check out TipRanks’ Stock Analysis page.