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Australian Agricultural Company Provides FY 2021 Results Presentation

20 May 2021  |  08:11:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY21 Results Presentation

Australian Agricultural Company provided FY 2021 results presentation. 2021 forecast global beef exports +2% to 11.1m tons as Brazil, India, and U.S. exports will more than offset declines from Argentina, Australia and NZ. US exports expected to climb 6% to 1.4m tons in 2021, supported by increased shipments to East Asia, with lower competition from Australia. The balance sheet is strong with net assets in excess of $1bn.

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