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Elders Limited (ASX:ELD)

ALERT: Price-sensitive ASX Announcement for ELD
Current share price for ELD : $6.360 -0.84 (-11.67%)+
Announcement
Release
18 May 2026 8:44AM
Price at Release
$7.200
Full Release
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Summary
Elders Limited's Half Year Results for 2026 demonstrate significant financial performance improvements, with sales revenue increasing by 32% to $1,767.7 million and gross margin rising by 27% to $396.6 million. The underlying EBIT grew by 33% to $76.6 million, and underlying net profit after tax increased by 13% to $37.9 million. Additionally, the company reported improvements in operating cash flow, which jumped by 115% to $67.0 million. Elders Limited's strategic initiatives, such as the acquisition of Delta Ag and the implementation of their Fourth Eight Point Plan, have contributed to these positive results, positioning the company for continued growth in the second half of the financial year.
Key Points
  • Significant sales revenue increase by 32% to $1,767.7 million.
  • Gross margin rose by 27% to $396.6 million.
  • Underlying EBIT increased by 33% to $76.6 million.
  • Underlying net profit after tax grew by 13% to $37.9 million.
  • Operating cash flow improved by 115% to $67.0 million.
  • Strategic initiatives, including Delta Ag acquisition, driving growth.
  • Implementation of the Fourth Eight Point Plan.
  • Positioned for further growth in the second half of the financial year.
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.