Rural Find

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Month: August 2021

Scales raises full-year earnings forecast after ‘exceptional’ first-half results

Agribusiness Scales Corp has raised its annual profit forecast after what chairman Tim Goodacre called an “exceptional performance” in the first half of the year. The company’s horticulture division, which includes New Zealand’s largest fully integrated apple producer, packer and marketer, increased its underlying profit by 2.9 per cent to $38 million in the six …

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CNH swallows Raven

Case New Holland Industrial (CNHI), parent company of the New Holland, Case IH and Steyr brands, has announced a buyout of Raven Industries in the US. The deal is valued at $2.1 billion and the new subsidiary is projected to have annual profits of €400 million by 2025. There are thousands of genuine and aftermarket …

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