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Ridley Corporation Limited (ASX:RIC)

ALERT: Price-sensitive ASX Announcement for RIC
Current share price for RIC : $2.750 -0.02 (-0.72%)+
Announcement
Release
19 Nov 2025 8:46AM
Price at Release
$2.770
Full Release
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Summary
The CEO and Managing Director of Ridley Corporation Limited addressed the Annual General Meeting (AGM) held on 19 November 2025, highlighting the financial performance and strategic initiatives for the company. The FY25 EBITDA from continuing operations was reported at $97.8 million, reflecting an 8.6% growth from FY24. This growth was attributed to the Bulk Stockfeeds segment's market share gains and favorable conditions in the ruminant sector. The Packaged Feeds and Ingredients segment also reported earnings growth despite lower market prices for certain products. The AGM included resolutions on the re-election of directors, the issuance of performance rights, and ratification of prior share issues. An outlook for FY26 indicated continued growth expectations driven by the diversified portfolio and strategic initiatives, including the integration of Incitec Pivot Fertilisers into Ridley's operations.
Key Points
  • FY25 EBITDA reported at $97.8 million, up 8.6% from FY24.
  • Bulk Stockfeeds segment grew 8% year on year.
  • Packaged Feeds and Ingredients segment saw a 5% increase in earnings.
  • Strategic acquisition and integration of Incitec Pivot Fertilisers.
  • Resolutions passed for director re-elections and issuance of performance rights.
  • Outlook for FY26 anticipates continued earnings growth.
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.