Overview Key strengths Key risks Major crop protection producer based in Australia, with international operations across Asia, North America, and Europe. Exposure to volatile agriculture markets, shifts in global soft commodity prices, and risks associated with economic downturns. Favorable long-term trend in agricultural chemicals due to direct support of essential services, global population growth, and need for improved crop yields. Seasonal working capital build-up could affect operating cash flow, resulting in heavy reliance on a working capital unwind during the second half of the fiscal year (six months ending Sept. 30). Capital management framework, which supports creditor interests. Susceptibility to changing weather conditions across multiple operating regions. Reductions in on-farm and distributor inventory levels, along with depressed prices of post-patent
