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Inghams Group (ING) investor relations material
Inghams Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened with acknowledgment of traditional landowners, a welcome to shareholders, and an outline of the hybrid format and agenda, including addresses, formal business, and Q&A.
Chair and CEO delivered addresses covering financial results, safety, ESG, CEO succession, and board updates.
Voting conducted by poll, with instructions for both in-person and virtual attendees; technical contingencies addressed.
Board and executive team introduced, including new CEO Ed Alexander and external auditor from KPMG.
Financial performance review
Underlying EBITDA pre-AASB 16 for FY25 was AUD 236.4 million, up 0.04% from FY24, while statutory net profit after tax fell 2.9% to AUD 97.2 million.
Group revenue totaled AUD 3,152.4 million, a 1.5% decrease from FY24, with Australian volumes down and New Zealand showing strong growth.
FY25 core poultry volume was 461.2KT, down 1.4% from FY24.
Dividends for FY25 were AUD 0.19 per share, one cent lower than the prior year, with a payout ratio of 72.7%.
Share price declined approximately 33% after a softer FY26 earnings outlook was released, reflecting operational and market challenges.
Board and executive committee updates
CEO transition from Andrew Reeves to Ed Alexander, with the latter credited for strong performance in New Zealand.
Leadership team refreshed with new organizational structure and key executive appointments.
No changes to board composition in FY25 aside from CEO; Rob Gordon and Tim Longstaff stood for re-election.
Board roles and committee memberships detailed, including chairs for risk, audit, and remuneration.
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