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Ricegrowers Limited (ASX:SGLLV)

ALERT: Price-sensitive ASX Announcement for SGLLV
Current share price for SGLLV : $13.520 -1.14 (-7.78%)+
Announcement
Release
25 Jun 2026 9:44AM
Price at Release
$14.660
Full Release
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Summary
Ricegrowers Limited, trading as SunRice, published its Preliminary Final Report for the financial year ending 30 April 2026. Despite a slight decrease in revenue to $1.80 billion, the company maintained a stable EBITDA margin of 8% and increased its Net Profit After Tax (NPAT) to $73.3 million. The growth in certain branded markets such as North America, Papua New Guinea, and parts of Australia and New Zealand was offset by challenges in other Pacific markets and disruptions in the Middle East. The strategic initiatives towards the 2030 Growth Strategy involved upfront costs, impacting short-term profitability but supporting long-term growth. The company maintained a strong dividend payout and continued its focus on strategic growth and geographic expansion.
Key Points
  • Group revenue for FY26 was $1.80 billion, a decrease from $1.85 billion in FY25.
  • EBITDA was $143.6 million, slightly down from $147.7 million in FY25, with a stable margin of 8%.
  • Net Profit After Tax increased to $73.3 million.
  • Strategic growth in North America, Papua New Guinea, and ANZ markets.
  • Offsetting challenges in Pacific markets and Middle East due to external factors.
  • Appreciation of the AUD impacted translated earnings.
  • Upfront investments in the 2030 Growth Strategy affected short-term profitability.
  • Final dividend declared at 50.0 cents, with a record date of 1 July 2026.
  • Dividend Reinvestment Plan is in operation.
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.