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Graincorp Limited (ASX:GNC)

ALERT: Price-sensitive ASX Announcement for GNC
Current share price for GNC : $6.810 0.59 (9.49%)+
Announcement
Release
14 May 2026 8:25AM
Price at Release
$6.220
Full Release
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Summary
GrainCorp Limited's half-year report for the period ending 31 March 2026 provides a comprehensive overview of the company's financial status. The report highlights a downturn in revenue from ordinary activities, decreasing by 5.1% to $3,883.6 million. The profit from ordinary activities after tax significantly declined by 92.1% to $4.6 million. The company declared fully franked dividends per share, maintaining a 14.0 cent interim dividend. The financial statements indicate a net cash outflow from operating activities and detail various income and expense components, including unrealized and realized gains/losses on financial derivatives and commodity contracts. Segment information reveals the performance of Agribusiness and Nutrition & Energy divisions, emphasizing a focus on margin generation despite challenging market conditions. The report also discusses the exit from GrainsConnect Canada and associated costs impacting overall financial performance.
Key Points
  • Revenue from ordinary activities decreased by 5.1% to $3,883.6 million.
  • Profit from ordinary activities after tax dropped by 92.1% to $4.6 million.
  • Interim fully franked dividend per share is 14.0 cents.
  • Net cash outflow from operating activities reported.
  • Includes business transformation and GrainsConnect Canada exit costs.
  • Focus on margin generation amidst market challenges.
  • Segment performance: Agribusiness and Nutrition & Energy highlighted.
  • Financial derivatives and commodity contracts impact on income.
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.