ADAMA Australia has attributed the strong 2016 end-of-year global result of ADAMA Agricultural Solutions Ltd to the company’s continuing focus on simplicity and farming needs.
In the face of continuing difficult market conditions globally, ADAMA Agricultural Solutions Ltd reported end-of-year increased sales, income and earnings before interest, taxes, depreciation and amortization (EBIDTA). The company also reported progress in efforts to reduce production, procurement and operating costs, and make supply chain improvements. Progress was also reported in ADAMA’s pending combination with China’s Sanonda.
ADAMA Australia chief executive Darrin Hines said Australia had made a solid contribution to the global result of ADAMA Agricultural Solutions Ltd, but that the business took nothing for granted in the Australian market and would continue to work hard.
“We will continue to work hard for our customers, partners and the end-users of our products to create simplicity for them and remain focussed on and responsive to their needs,” Mr Hines said.
“We will also work hard to deliver an increasingly diversified portfolio of innovative products, and to build trust in and recognition of the ADAMA brand which we launched in Australia in 2014.
“Our launches of new and innovative products were a particularly pleasing feature of 2016, and with a healthy product development pipeline we look forward more to come.
“We are also anticipating that ADAMA’s soon to be completed new formulation and packaging centre in Huai’An, China, and a new research and development centre in Nanjing will create simplicity and benefit the product range available to farming in the Australian market,” Mr Hines said.
ADAMA’s Asia-Pacific businesses launched forty new products during the year, which in Australia included Skope®, a unique coformulation for insect control in cotton, and Cormoran® for the control of chewing and sucking pests in apples and pears.
Despite Cyclone Debbie washing out ADAMA’s plans for an official launch at the Case IH StepUP! conference in Mackay in March, ADAMA Australia also successfully released the ReefAware App which is a digital support tool for canegrowers, and new sugarcane herbicide Bobcat i-MAXX®.
During the year, ADAMA Australia also rolled-out a new FastFind product and safety information service. FastFind, which is linked to the ADAMA Australia website, aids growers, agronomists, transport providers and emergency personnel find safety and product information when they need it. With FastFind, information is provided in an easily accessible way and broken down so a user can find the information they want, and find it fast.
In 2016 ADAMA also announced a joint arrangement which established ADAMA as the global business partner of Central Queensland based SwarmFarm Robotics. The arrangement will enable the two to help improve the productivity of farming systems and deliver simplicity to farmers around the world by reimagining the way crop protection is applied.
For more information on the 2016 end-of-year results of ADAMA Agricultural Solutions Ltd visit the company’s website at www.adama.com.
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