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Inghams Group Limited (ASX:ING)

ALERT: Price-sensitive ASX Announcement for ING
Current share price for ING : $2.120 -0.32 (-13.11%)+
Announcement
Release
20 Feb 2026 8:25AM
Price at Release
$2.440
Full Release
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Summary
The interim financial report for Inghams Group Limited for the half year ended 27 December 2025 shows a decline in profit, with revenue remaining steady at AUD 1.61 billion compared to the previous corresponding period. Net Profit After Tax (NPAT) was AUD 18.1 million, a 64.9% decrease from the prior period. The decrease in profit was attributed to several factors including lower core poultry volumes in both Australia and New Zealand, increased costs due to inflation in labor and materials, and supply chain transition inefficiencies. Despite these challenges, the company reported improved working capital management with a cash conversion rate of 113.1%. A fully franked interim dividend of 4.0 cents per share is set to be paid, reflecting continued commitment to shareholder returns despite the profit downturn. The report also highlights ongoing improvements and capital investments aimed at enhancing operational efficiency.
Key Points
  • Revenue was stable at AUD 1.61 billion.
  • Net Profit After Tax dropped by 64.9% to AUD 18.1 million.
  • Core poultry volumes declined in Australia and New Zealand.
  • Total costs increased due to inflation and supply chain inefficiencies.
  • Cash conversion improved to 113.1%.
  • A fully franked interim dividend of 4.0 cents per share was declared.
  • Continued capital investments in operational improvements.
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.