Australia · Delayed Price · Currency is AUD Ricegrowers Earnings Call Transcripts
Fiscal Year 2026
-
FY 2026 saw resilient performance with revenue at AUD 1.8 billion, EBITDA at AUD 143.6 million, and NPAT up 4% to AUD 73.3 million, despite external pressures. FY 2027 is expected to see lower revenue and margins due to a smaller Australian crop and FX headwinds, but the group remains well-positioned with a strong balance sheet and diversified sourcing.
-
Delivered higher earnings with net profit up 14% and EBITDA up 5% year-over-year, despite a 3% revenue decline. Strong performance in branded and international markets offset by Pacific challenges; outlook reaffirmed for FY 2026 growth, with risks from FX, competition, and crop yields.
Fiscal Year 2025
-
The AGM marked a leadership transition, celebrated 75 years of operations, and reviewed strong financial results with improved profitability and dividends. Strategic focus included product innovation, sustainability, and adapting to market and regulatory changes, while addressing ongoing industry risks and shareholder questions.
-
FY25 saw improved profitability with net profit up 4% and EBITDA up 3%, despite a 2% revenue dip. Strong branded product growth, innovation, and disciplined capital management offset challenges from competition, currency, and input costs.
-
H1 FY25 saw strong EBITDA and NPAT growth, margin improvements, and successful acquisitions, despite slight revenue decline due to global pricing pressures. Outlook remains positive with stable revenue and moderate EBITDA growth expected, though headwinds persist from market competition and geopolitical factors.
Fiscal Year 2024
-
Record revenue and profit were achieved, with strong international growth and a record dividend. The board outlined a refreshed growth strategy, major capital investment, and sustainability initiatives, while addressing industry deregulation and water reform challenges. All resolutions, including director re-elections and remuneration, were supported.
-
Record revenue and profit growth were achieved, with strong international expansion and a record dividend. All segments improved revenue and EBITDA, while the group maintained a robust balance sheet and advanced sustainability initiatives. Challenges include shipping disruptions, inflation, and regulatory changes.