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Ridley Corporation Limited (ASX:RIC)

ALERT: Price-sensitive ASX Announcement for RIC
Current share price for RIC : $2.640 0.18 (7.32%)+
Announcement
Release
26 Feb 2026 8:39AM
Price at Release
$2.460
Full Release
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Summary
In its Half Yearly Report for the period ending 31 December 2025, Ridley Corporation Limited reported a significant increase in its financial performance. The statutory net profit after tax (NPAT) was $52.7 million, a substantial rise from the previous year, largely driven by the acquisition of Incitec Pivot Fertilisers Distribution, which contributed a gain on bargain purchase. Despite higher costs associated with the acquisition, including depreciation and finance costs, the company's operating cash flow improved significantly to $127.9 million, supported by strategic working capital management. The Board declared an interim dividend of 5.10 cents per share, fully franked, highlighting strong cash flow and debt management. The report emphasizes Ridley's resilience and growth opportunities in diversified agricultural services, with plans for further development detailed in the upcoming FY26-28 Growth Plan.
Key Points
  • Statutory net profit after tax (NPAT) was $52.7 million.
  • Significant contribution from acquisition of Incitec Pivot Fertilisers Distribution.
  • Operating cash flow improved to $127.9 million.
  • An interim dividend of 5.10 cents per share declared, fully franked.
  • Resilience and growth opportunities in diversified agricultural services highlighted.
  • Upcoming FY26-28 Growth Plan to outline further development strategies.
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.