ASX Announcement - 1H FY26 results
Ricegrowers Limited
ABN 55 007 481 156
Registered Office
57 Yanco Avenue, Leeton, NSW 2705 Australia
Locked Bag 2, Leeton, NSW 2705 Australia
T +61 2 6953 0411
www.sunrice.com.au
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SunRice Group 1H FY26 Results
SunRice Group (ASX:SGLLV) today announced a solid performance in the first half of FY26 (1H FY26),
achieving higher earnings than in the prior corresponding period (1H FY25) and continuing its plans for
strategic growth despite some pressures on the top line.
Key highlights:
• Net profit after tax (NPAT) of $36.6 million, up 14% on 1H FY25
• Group revenue of $884 million, compared to $912 million in 1H FY25
• EBITDA of $71.3 million, up 5% on 1H FY25
• Inclusion in the S&P/ASX 300 Index, after joining the S&P/ASX Agri index in FY25
• Fully franked interim dividend of 20 cents per B Class Share declared
• Estimated range for CY25 Paddy Price for Riverina rice growers updated to $385 - $420 per
tonne for medium grain.
The SunRice Group webcast is scheduled to be held at 4:30pm AEST on Thursday 18 December, where we
will present and discuss our 1H FY26 Results. To attend, please register in advance using this link:
SunRice Webcast
SunRice Group Chief Executive Officer and Managing Director, Paul Serra, said:
“The Group delivered a solid first-half performance in FY26, with earnings improvement and
important progress made against our strategy, despite some pressures on revenue. This result was
supported by strong brand performance, product innovation and the expansion of our distribution
footprint, particularly in the Middle East, the United States and through our Toscano and SavourLife
brands. We also benefited from improved global rice costs and the efficiencies we have been driving
across the Group.
“Although revenue softened slightly, strong operational momentum across our key markets
continued to support earnings growth. Our diversified sourcing model continues to provide
resilience, and our teams delivered disciplined execution at a time of ongoing cost and foreign
exchange pressures. We also incurred some up-front costs associated with the investment in our
2030 Growth Strategy, including targeted brand activity and building capability of our team, which
will support the Group’s long-term growth ambitions.
“A significant milestone for the Group this half was our inclusion in the ASX 300 Index by
S&P Dow Jones. This reflects the progress we have made over many years, the increasing liquidity in
our B Class Shares, and the confidence our shareholders place in our strategy and performance as a
global branded food business.
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18 December 2025
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“As we look to the second half, our focus remains on supporting customers and growers, managing
seasonal variability and advancing the initiatives that will help to drive our growth in the years ahead.
With strong brands, a diversified global footprint and a clear strategic roadmap, we are well
positioned to continue delivering value for all stakeholders.”
To view the full SunRice Group 1H FY26 Operating and Financial Review (OFR), visit the Announcements on
the SunRice Investor Hub.
Authorised by Kate Cooper, Group General Counsel and Company Secretary.
Investor enquiries:
Richard Rose
Vice President of Corporate Development
0410 300 986
rrose@sunrice.com.au
Media enquiries:
Anthony McFarlane
Group Corporate Affairs Director
0447 324 674
amcfarlane@sunrice.com.au
To ask any questions about this announcement, or other investor queries, please visit the SunRice Investor Hub.
About SunRice Group’s structure
The structure of SunRice Group contains non-standard elements including its dual class share structure comprising A Class Shares and B Class
Shares.
A Class Shares confer on their holders the right to vote at general meetings but no right to dividends. A Class Shares are not quoted on ASX and may
only be held by rice growers who meet the production quotas prescribed by the SunRice constitution. No person may hold more than 5 A Class
Shares. In practical terms the voting rights held by A Class Shareholders give those shareholders the right to control the election of directors and any
changes to SunRice Group’s constitution.
B Class Shares are quoted on ASX and confer on their holders the right to receive dividends, as determined by the directors from time to time.
Holders of B Class Shares do not generally have the right to vote at general meetings of SunRice Group. This means B Class Shareholders have no
right to vote on the election of directors of SunRice Group. No person may hold more than 10% of the total number of B Class Shares on issue.
For more details of the non-standard elements of SunRice Group’s structure see: https://investors.sunrice.com.au/
Manage your shareholding
If you are a Shareholder and have questions about your holding or need to update your contact details, visit the MUFG Investor Centre:
MUFG Pension & Market Services
Locked Bag A14
Sydney South NSW 1235
P: +61 1300 554 474
F: +61 2 9287 0303
E: support@cm.mpms.mufg.com
W: au.investorcentre.mpms.mufg.com
Link Group is now known as MUFG Pension & Market Services. Link Market Services have rebranded to its new name, MUFG Corporate Markets, a
division of MUFG Pension & Market Services.
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