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Bremworth AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary12 Nov, 2025
Opening remarks and agenda
Meeting held both in-person and online, marking the first AGM for the current board and CEO.
Attendees included auditors, legal, and financial advisors; administrative matters and safety instructions were covered.
Presentations from the Chair and CEO were scheduled, followed by shareholder Q&A and general discussion.
Five resolutions were to be addressed, as notified in advance.
Board and executive committee updates
Board refreshed in March, bringing diverse experience in agribusiness, manufacturing, retail, and governance.
Board comprises Rob Hewett (Chair), Julie Bohnenn, Trevor Burt, Murray Dyer, and Grant Biel.
Directors have been hands-on, spending significant time in plants and with customers.
CEO Craig Woolford and his executive team were introduced, with thanks to advisors and auditors.
Leadership team rebuilt with new CFO, sales, operations, and IT heads, fostering renewed accountability and customer focus.
Financial performance review
Revenue increased to NZD 88.4 million from NZD 80.3 million in 2024, driven by reinstated production and improved customer relationships.
Normalised EBITDA loss was NZD 13.5 million, compared to a NZD 4.7 million loss the previous year.
Net profit after tax was NZD 19.1 million, up from NZD 4.6 million, due to insurance proceeds and restructuring.
Second half of FY2025 showed improvement as cost controls and manufacturing stabilized.
Cash position at year-end was NZD 42.2 million.
Detail strategic benefits of Mohawk partnership
How does SDN re-entry improve market relevance?
Key drivers for H2 FY26 profitability?
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Next Bremworth earnings date
H1 202626 Feb, 2026
Bremworth
Next Bremworth earnings date
H1 202626 Feb, 2026
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Frequently asked questions
Bremworth Limited is a New Zealand-based company specializing in the design, manufacture, and sale of wool carpets and rugs. The company focuses on producing high-quality, sustainable flooring solutions using 100% New Zealand-grown wool, targeting residential and commercial markets. Bremworth’s product range emphasizes natural materials and environmentally friendly manufacturing processes, catering to consumers seeking durable and sustainable alternatives to synthetic carpets. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
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