GrainCorp (GNC) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees to a hybrid AGM, introduced the board and executive team, and outlined housekeeping.

• Acknowledged traditional custodians of the land and set the agenda, including financial review, board elections, and Q&A.

• The meeting included addresses from the Chairman and the Managing Director & CEO, followed by items of business for shareholder consideration.

Financial performance review

• Underlying EBITDA for FY25 was AUD 308 million, up from AUD 268 million in FY24.

• Underlying NPAT reached AUD 87 million, compared to AUD 77 million in the previous year.

• Total grain handled increased to 31.6mmt, oilseed crush volumes rose to 557kmt, and Animal Nutrition sales volumes grew to 713kmt.

• Core cash position at year-end was AUD 321 million.

• FY26 guidance: underlying EBITDA expected between AUD 200–240 million, NPAT between AUD 20–50 million, with lower agribusiness and agri-energy earnings forecast.

Board and executive committee updates

• Samantha Hogg and Sarah Adam-Gedge were nominated and elected as Independent Non-Executive Directors in 2025.

• Committee roles updated, with Samantha Hogg as incoming Audit & Risk Committee Chair.

• Retiring director Kathy Grigg was acknowledged for her leadership and contributions.

• Board unanimously supported the election of both new directors.