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Wellard chief executive Mauro Balzarini. Photo: Attila Csaszar

Another profit downgrade for Wellard

Investors have punished local agribusiness Wellard for announcing another downgrade to its profit outlook, which could be as little as half of its original estimate.

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Wellard (WLD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
235thGR Engineering Services6%28%
408thFleetwood Corporation-16%-5%
564thDecmil Group-39%-13%
766thWellard-68%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/09/16
$0 Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

18th↑Decmil Group$341.6m
19th↓Wellard$297.4m
21st↑GR Engineering Services$284.0m
22nd↑Fleetwood Corporation$266.8m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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