Displaying items by tag: PGG Wrightson

PGG Wrightson (PGW) chief executive Stephen Guerin says that while there are positive signals within the market, there are also challenges.

Pleased, but cautious. That’s how PGG Wrightson chief executive Stephen Guerin says he’s feeling about the rural retailer’s latest financial result.

PGG Wrightson has launched a new stock-counting service using drones and Artificial Intelligence (AI), which it says removes all the hassle for farmers, while achieving 99.9% accuracy.

In another sign of improving agribusiness sentiment, two listed companies have lifted their forecast earnings for the year.

South Island agribusinesses Ngai Tahu Farming and PGG Wrightson were able to see first-hand the fruits of their continued support of IHC recently when members of IHC’s North Canterbury Kapa Haka ropu performed at Ngai Tahu’s Te Whenua Hou farm in North Canterbury.

In a heart-warming display of community spirit, the annual Daffodil Day stock drive held at the Matawhero Saleyards near Gisborne last month has raised about $55,000 for the Cancer Society.

PGG Wrightson chief executive Stephen Guerin says the agriculture sector remains in a tough spot.

Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.

A move by PGG Wrightson Limited’s biggest shareholder to take control of the board has fizzled out.

Rural retailer PGG Wrightson (PGW) is feeling the impact of the current rural downturn, reporting a 40% drop in net profit to $12.7 million in the six months to December 31, 2023.