Elders
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Elders (ELD) investor relations material

Elders Investor Day 2026 presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor Day 2026 presentation summary29 Jan, 2026

Strategic direction and business model

  • Pursuing the FY24–26 Eight Point Plan, targeting 5–10% EBIT and EPS growth with 15% ROC, and industry-leading sustainability outcomes.

  • Transitioned to a divisional model, granting greater autonomy and accountability to Crop Protection, AIRR, Rural Services, Delta Agribusiness, Real Estate, and Feed & Processing divisions.

  • Strategic priorities include deepening customer relationships, investing in people, financial discipline, supply chain optimisation, technology adoption, portfolio expansion, and sustainable innovation.

  • Synergies across divisions are leveraged through backward integration, shared capabilities, and cross-selling opportunities.

  • Business development focuses on bolt-on acquisitions, greenfield startups, and disciplined capital allocation aligned with group strategy.

Financial performance and outlook

  • FY25 saw 2% sales growth to $3.2bn, 7% gross margin growth, and 12% EBIT growth despite mixed seasonal conditions.

  • Underlying NPAT rose 34% to $86m, with cash conversion at 137% and leverage ratio expected to return to target range by FY26.

  • Gross margin diversification offset headwinds in Crop Protection, with strong growth in Agency and Real Estate Services.

  • Costs were kept below inflation, excluding acquisitions and transformation, supporting margin resilience.

  • Net debt remains modest, with significant covenant headroom and a pathway to leverage below 2.0x in FY26.

Divisional highlights and priorities

  • Crop Protection: Focus on vertical integration, expanding AgriToll, R&D, and reducing reliance on China; integration of Delta’s Four Seasons brand.

  • AIRR: National wholesale platform with 340+ member stores, prioritising private label growth, margin improvement, and supply chain efficiency.

  • Rural Services: Diversified product/service offering, operational excellence, digital capability, and market share growth in retail, agency, and financial services.

  • Delta Agribusiness: Strong NSW/VIC presence, 24% CAGR in retail sales since 2007, focus on farm advisory, precision ag, and Four Seasons brand integration.

  • Real Estate: Diversified across residential, farmland, commercial, and franchise, with a focus on organic growth, acquisitions, and agent recruitment.

How does ACCC regime shift M&A focus?
How will new divisional model enhance synergies?
What are FY26 AgriToll and ECP integration targets?
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Frequently asked questions

Elders Limited is an Australian-based agribusiness company providing a range of services and products to the agricultural sector. The company supports farmers and rural communities by offering agricultural supplies, livestock trading, real estate services, and financial solutions. Elders operates a network of branches throughout Australia, delivering products such as animal health supplies, crop protection, and farm equipment. Additionally, the company provides agronomic advice, insurance, and risk management services tailored to the needs of primary producers. Elders is involved in both domestic and international livestock and wool trading. The company is headquartered in Adelaide, Australia, and its shares are listed on the ASX.

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