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Ricegrowers Limited (ASX:SGLLV)

ALERT: Price-sensitive ASX Announcement for SGLLV
Current share price for SGLLV : $13.665 -0.995 (-6.79%)+
Announcement
Release
25 Jun 2026 9:55AM
Price at Release
$14.660
Full Release
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Summary
The SunRice Group, listed as ASX:SGLLV, announced its FY26 financial results, highlighting a solid performance with strong earning margins and improved after-tax profitability despite challenging operational conditions. The company reported a net profit after tax (NPAT) increase of 4% from FY25 to $73.3 million. Revenue slightly decreased to $1.80 billion from $1.85 billion in FY25, and EBITDA decreased by 3% to $143.6 million, maintaining an EBITDA margin of 8%. The paddy price for medium grain rice was set at $400 per tonne. A record dividend of 70 cents per B Class Share was declared, marking an 8% increase. Looking forward to FY27, the company expects a slight decrease in revenue and a significant decrease in NPAT due to a smaller Australian rice crop and foreign exchange headwinds. The company's balance sheet remains strong, supporting cash inflows, with continued investment in its 2030 Growth Strategy.
Key Points
  • Net profit after tax (NPAT) increased by 4% to $73.3 million.
  • Revenue decreased slightly to $1.80 billion.
  • EBITDA decreased by 3% to $143.6 million.
  • Record dividend of 70 cents per B Class Share, up 8%.
  • FY27 revenue expected to be slightly below FY26.
  • FY27 NPAT anticipated to be materially lower than FY26.
  • Smaller Australian rice crop impacting results.
  • Continued investment in 2030 Growth Strategy.
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.