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Allied Farmers
Allied Farmers (ALF) investor relations material
Allied Farmers AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary5 Nov, 2025
Opening remarks and agenda
Meeting opened virtually, enabling broader shareholder participation and online voting and Q&A.
Notice of meeting and explanatory notes were distributed on 20 October 2025; quorum confirmed with over 26% of shares represented by proxy.
Chair and Managing Director addressed shareholders, outlining the meeting's agenda and key topics for discussion.
Financial performance review
Audited net profit before tax was $4.1 million, down from $7.3 million in the prior year; net profit after tax was $2.9 million, down from $5.2 million.
Underlying profit after tax rose to $3.84 million, up from $2.69 million; FY25 Group NPAT was $3.8m, up 41% from $2.7m in FY24 (excluding one-off gains).
Group revenue grew 11% to $30.6m, and Group EBITDA rose 24% to $6.0m.
Earnings per share were 9.97 cents (down from 18.07 cents); net tangible assets per share increased to 51 cents from 40 cents.
NZFL/NZ Farmers Livestock EBITDA fell 42%, while NZRLM EBITDA was stable at $2.1 million.
Board and executive committee updates
Shelley Ruha remains Chair, Philip Luscombe as Independent Director, and Richard Milsom as Managing Director.
Stephen Reid appointed as CFO, replacing Brian Lee effective 17 November 2025.
Board expressed gratitude to outgoing CFO Brian Lee for his long service.
Plan for utilizing $175m tax losses
Post-NZFL sale, what are key growth areas?
Justify NZFL sale timing given recent EBITDA drop
Strategy for utilizing tax losses with new acquisitions
How will value creation translate to share price?
Diversification strategy post-NZFL sale
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Next Allied Farmers earnings date
H1 202625 Feb, 2026
Allied Farmers
Next Allied Farmers earnings date
H1 202625 Feb, 2026
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Frequently asked questions
Allied Farmers Limited is a New Zealand-based company involved in rural services, livestock trading, and asset management. The company provides livestock marketing and procurement services, connecting farmers with buyers through live auctions and online trading platforms. Allied Farmers also offers financing and other support services tailored to New Zealand’s agricultural sector, aiming to facilitate the buying, selling, and financing needs of rural communities. In addition, the company has interests in asset management and investments within the rural economy. Allied Farmers Limited is headquartered in Hawera, New Zealand, and its shares are listed on the NZX.
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