Attached is a presentation to be delivered today to a small group of broker analysts and institutional investors on a site visit to Ruralco's operations in Renmark, South Australia.
The day is focused on showcasing Ruralco's investment in water and rural supplies in the Riverland region through a tour of various sites around Renmark and offers an opportunity for the group to meet key management, operational staff and customers.
Launch of Water Market Trading PlatformAlso today, Ruralco announces the launch of Australia's largest independent water market trading platform, waterexchange.com.au. See attached media release.
Ruralco progress since May, 2017Despite a dry June, particularly in the broadacre cropping regions of WA and western SA, and forecast dry conditions out to September, sales of rural supplies inputs have held relatively firm and livestock and wool prices have remained high over the period to date.
Consistent with the outlook provided in May 2017, the Group remains on track to deliver 2H17earnings similar to 1H17, assisted by the impact of full year cost-out benefits and overall business improvement initiatives.
ENDS
Ilona Alsters Company Secretary
Ruralco Holdings Limited published this content on 18 July 2017 and is solely responsible for the information contained herein.
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