We are paying a total annual rebate of $45 per tonne on solid fertiliser purchases, after a third year of strong results
Our shareholders received $20 cash per tonne of this as an interim rebate payment in June; the remaining $25 per tonne will be distributed at the end of August.
All-year value is important to farmers, so I’m delighted we were able to deliver this rebate as well as having led major price reductions throughout the year.
John Henderson, Ravensdown Chairman
We are driven to generate all-year value for our farmer shareholders - and we'd love you to join us:
- $45 per tonne rebate in 2017.
- Focus on product quality and services.
- Investment in people, technology and infrastructure.
It's easy to join our cooperative
Call our Customer Centre on 0800 100 123
Annual Report 2017
Visit our integrated reporting website or take a look at previous years in our archive.
Annual Result 2017
We are here to enable smarter farming which ultimately leads to a better New Zealand.
Early interim rebate
Another early interim rebate for transacting shareholders: $20 per tonne will be paid early June.
Annual Meeting 2017
Our 2017 Annual Meeting was held at the Timaru Southern Trust Events Centre on Monday 2 October.
Nominations for the our Board of Director 2017 elections closed on Monday 21 August 2017.
$21 per tonne paid three months early, urea below $500 per tonne, and $6m investment.
Ravensdown's Board includes eight shareholder-elected directors, and two independent directors.
All Ravensdown shareholders receive a 15% discount on soil and plant testing services with ARL.
Pay your monthly account by direct debit and select how you spend your savings.
Where applicable, rebates are paid to transacting shareholders and are based on the total tonnage of eligible solid fertiliser purchased throughout the financial year.
- Our financial year runs from 01 June - 31 May.
- Your annual tonnage is calculated and sent to you as a Statement of Fertiliser Purchase in early to mid June.
- All rebates are paid out in a combination of shares and cash, until you reach your quota. Our current quota is 234 shares per tonne.
Note that the following product ranges are non-rebateable: Agrochemicals, Animal Health, Lime and Seed.
For specific information regarding your shareholding including previous rebate payments, your annual tonnage, and your quota, please call our Customer Centre.
The total annual rebate for the 01 June 2016 - 31 May 2017 financial year is $45.00 per qualifying tonne of solid NPKS fertiliser purchased.
An early interim rebate of $20.00 per tonne was paid out by direct credit from 9 June 2017, and the remaining $25.00 per tonne will be paid on 30 August 2017.
Investment decisions are very important; they often have long term consequences. Read all documentation carefully, ask questions and seek independent advice before committing yourself.