GrainCorp shares tumble as FY25 earnings miss estimates
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More news: GrainCorp shares tanked in early trading after reporting a slide in full-year net profit.
Shares were down 9.6% to $8.09 at 11:30am AEDT. The stock is up 10.2% this calendar year.
RBC Capital Markets analyst Owen Birrell said that while GrainCorp's earnings result was "mixed" amid ongoing margin pressures, the company's 'core cash' total of $321 million, was $108 million above consensus forecasts.
However, he flagged the EBITDA in the group's agribusiness, and its nutrition and energy segment, both missed consensus estimates by 3%.
GrainCorp reports 36% fall in full-year profit
The news: Commodity trader GrainCorp has reported a 36% drop in net profit after tax (NPAT) for the 2025 financial year as the company flagged a "challenging global margin environment".
The numbers: GrainCorp recorded NPAT of $40 million, down from $62 million. Underlying NPAT lifted from $77 million to $87 million.
Full-year dividends were flat at 48 cents per share.
The context: The company said a softer performance in its international business offset a stronger period for its east coast Australia business.
GrainCorp said its 2025-26 harvest is off to a "strong start" in northern regions, while global supply of grains and oilseeds is expected to see a continuation of margin pressure.
The source: ASX
