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Ravensdown to reinvest in innovation and environment

Ravensdown has announced another good financial result with profit before tax and rebate from continued operations of $52 million (2018: $63m, 2017: $51m) for the year ending 31 May 2019.

The co-operative is paying $35 million in total back to farmers who bought fertiliser in the financial year. As part of its commitment to responsible governance and balance sheet strength, $12 million is being retained by the co-operative to reinvest in improved infrastructure, research and development, product innovation and new technology.

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