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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Severance payouts hit profit at Rubicon

Underlying earnings forecast to grow.

Tim Hunter Thu, 30 May 2019

 

Restructuring costs, including severance payouts to former senior executives, have pushed tree seedling specialist Rubicon into loss in its first full year after slimming down to its core US ArborGen business.

Chairman Dave Knott Jnr said ArborGen had sold 352 million tree seedlings in the

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Tim Hunter Thu, 30 May 2019
Contact the Writer: thunter@nbr.co.nz
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Severance payouts hit profit at Rubicon
General Business,
79537
true