ASX Announcement 1H FY2025 results
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ASX Announcement 1H FY2025 results
SunRice Group 1H FY25 Half Year Financial Results: Solid financial performance with growth in profit margins
Group revenue for 1H FY25 of $912 million, compared to $919 million in 1H FY24
Solid growth in earnings, with EBITDA of $67.9 million and NPAT of $31.9 million, up 7% and 5% respectively on the prior corresponding period
Fully franked interim dividend of 15 cents per B Class Share declared
Estimated range for CY24 pool updated to $380 - $420 per tonne for medium grain
Completed acquisitions of SavourLife and Simply Delish in 1H FY25, bolstering the CopRice andRiviana Foods segments respectively
Continued progress against Sustainability Strategy in 1H FY25, including near-term and long-term science-based emissions reduction target being validated by SBTi
The Group expects full year results to show revenue broadly consistent with FY24, moderate growth in EBITDA on the back of improved profit margins and NPAT to be impacted by a higher effective tax rate
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