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Bega Cheese Limited (ASX:BGA)

ALERT: Price-sensitive ASX Announcement for BGA
Current share price for BGA : $6.450 0.44 (7.32%)+
Announcement
Release
20 Aug 2026 8:07AM
Price at Release
$6.010
Full Release
download
Summary
Bega Cheese Limited's FY2026 results highlight a solid financial performance with a 6.7% rise in net revenue and a 12% increase in normalised EBITDA, achieving $225.6 million. The company also saw a 36% growth in profit after tax, reaching $69.0 million, supported by substantial growth in the branded segment and increasing international demand. Capital investments were significant, focusing on manufacturing efficiency and automation, while successfully implementing transformational programs. For FY2027, Bega forecasts a normalised EBITDA of $240-245 million, aiming for $310 million+ by FY2031.
Key Points
  • Bega Cheese Limited reported a net revenue growth of 6.7% for FY2026.
  • The company achieved a 12% increase in normalised EBITDA, reaching $225.6 million.
  • Profit after tax rose by 36% to $69.0 million, with basic earnings per share increasing by 36.1% to 22.6 cents.
  • Bega's branded segment experienced strong growth, especially in yoghurt, milk, and culinary products, with double-digit growth in international branded net revenue.
  • The bulk segment saw increased integration with branded products, benefiting from a positive product mix and increased milk supply.
  • Bega invested $109.8 million in capital and intangible assets, focusing on manufacturing consolidation and warehouse automation.
  • Dividends paid amounted to 13.0 cents per share, fully franked, reflecting an increase from the previous year.
  • The company successfully implemented transformational programs, including the sale of peanut processing sites and automation of the Laverton warehouse.
  • Bega is on track to reach its target of $310 million+ normalised EBITDA by FY2031.
  • The financial year 2027 guidance predicts a normalised EBITDA range of $240-245 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.