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Inghams Group Limited (ASX:ING)

ALERT: Price-sensitive ASX Announcement for ING
Current share price for ING : $2.060 -0.16 (-7.21%)+
Announcement
Release
21 Aug 2026 8:17AM
Price at Release
$2.220
Full Release
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Summary
Inghams Group Limited reported its FY26 results with a decline in profits but a slight increase in revenue due to growth in poultry volumes in both Australia and New Zealand. Despite challenges, including geopolitical impacts, the company achieved significant cost savings and improved operational performance in the second half of the year. The announcement highlighted the declaration of a final dividend and introduction of a reinvestment plan to strengthen financial resilience as the company prepares for FY27 amid inflation and other external pressures.
Key Points
  • Inghams Group Limited announced its FY26 financial results.
  • Underlying EBITDA pre AASB 16 was $186.4 million, a decrease of 21.2% from the previous year.
  • Net Profit after Tax dropped by 61.5% to $34.6 million.
  • Revenue increased by 2.4% to $3,227.4 million due to core poultry volume growth of 1.9%.
  • Cost discipline led to $82.3 million in savings.
  • A final fully franked dividend of 6.1 cents per share was declared.
  • The company implemented a Dividend Reinvestment Plan.
  • Inghams plans to focus on increasing core poultry volume and managing costs in FY27.
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.