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Elders: Another CEO Sell Off

18 November 2022

Elders plunged 22.9% after reporting its annual results despite the result coming in on the top end of guidance, the planned departure of its CEO Mark Alisson and uncertain outlook worried investors. Elders revenue rose +35% and operating earnings (EBITDA) increased +39% and the company were able to declare a 56 cent per share final dividend, an increase of +33% from last year. 

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