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Posted by
Two Blokes Jun 18 -
Filed in
Stock
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8 views
Lindsay Corporation remains a 'hold' as shares are fairly valued despite recent outperformance and strong project-driven results. Recent revenue and profit growth were boosted by large, non-recurring projects, raising concerns about the sustainability of future performance. Agricultural headwinds persist, but improving farm income, infrastructure spending, and worsening droughts could provide tailwinds for irrigation sales.
