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Outlook becomes more cautious at PGG Wrightson

Earnings, margins, revenue hold up, but macro-economic conditions and Cyclone Gabrielle impact on customers the big unknown.

PGG Wrightson CEO Stephen Guerin speaks with Dita De Boni.

Dita De Boni Tue, 21 Feb 2023

A softening real estate market, a string of weather events, and falling sheep meat prices have meant ‘cautious optimism’ has become a ‘cautious’ outlook and downgraded guidance for the full year at PGG Wrightson.

In releasing its half-year results today, PGG told shareholders that three

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Dita De Boni Tue, 21 Feb 2023
Contact the Writer: dita@nbr.co.nz
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Outlook becomes more cautious at PGG Wrightson
Investment,
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