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Inghams Group Limited (ASX:ING)

ALERT: Price-sensitive ASX Announcement for ING
Current share price for ING : $2.120 -0.1 (-4.50%)+
Announcement
Release
21 Aug 2026 8:06AM
Price at Release
$2.220
Full Release
download
Summary
The FY26 financial report for Inghams Group Limited shows a 2.4% increase in revenue from ordinary activities but a 61.5% decrease in net profit after tax attributable to members, falling to $34.6 million. Despite this, a final dividend of 6.1 cents per share was declared. Key risks for the company include food safety, legal compliance, and environmental regulations. Inghams continues to focus on sustainability, with significant investments in environmental management and compliance. The company’s operational and financial strategies are geared towards becoming the leading poultry provider in Australia and New Zealand. Operating profits were impacted by increased costs of sales and administration expenses, but strong cash flow from operations was noted.
Key Points
  • Revenue from ordinary activities increased by 2.4% to $3,227.4 million.
  • Net profit after tax attributable to members fell by 61.5% to $34.6 million.
  • A fully franked final dividend of 6.1 cents per share declared, payable on 12 October 2026.
  • Material business risks include food safety, workplace health and safety, legal compliance, and environmental regulations.
  • Inghams aims to be the 'first choice for poultry' in Australia and New Zealand, focusing on sustainability and efficiency.
  • Operating profit decreased significantly due to increased costs of sales and administrative expenses.
  • Net cash provided by operating activities was $313.7 million.
  • The company maintains strong food safety and quality compliance with multiple certifications.
  • Ongoing investment in environmental management and improvement programs.
  • Board governance includes detailed remuneration and strategy frameworks.
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.