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Elders sells ITC Timber for $100m

Rural services provider Elders is to conduct a capital raising as part of a refinancing and recapitalisation of the company as it sells subsidiary, ITC Timber, to Gunns for $100 million.

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Elders (ELD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
155thElders51%52%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Elders$1,599.8m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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