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Australian Agricultural Company Limited (ASX:AAC)

ALERT: Price-sensitive ASX Announcement for AAC
Current share price for AAC : $1.340 -0.1 (-6.94%)+
Announcement
Release
20 Nov 2025 8:17AM
Price at Release
$1.440
Full Release
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Summary
The Australian Agricultural Company Limited (AACo) reported robust financial performance for the first half of FY26, achieving an operating profit of $39.8 million, which is a 97% increase compared to the previous corresponding period. This was driven by favorable beef and cattle sales margins and strategic early sales that capitalized on increased demand and higher prices. Revenue was up nearly 20% to $232.9 million, supported by a 7% increase in beef prices per kilogram and stable production costs. AACo's Statutory Net Profit After Tax soared to $82.2 million, boosted by improved live cattle prices. The company has also made significant progress in its strategic initiatives, including the 'Better Beef' program and investments in sustainability projects like the landscape carbon project and a carbon marketplace for livestock. AACo's strategic focus areas are expected to drive long-term growth and sustainability.
Key Points
  • AACo delivered a first-half operating profit of $39.8 million.
  • Operating profit increased by 97% compared to the previous period.
  • Revenue increased by almost 20% to $232.9 million.
  • Average beef prices per kilogram increased by 7% to $18.62.
  • Stable production cost was maintained at $2.46 per kilogram.
  • Statutory Net Profit After Tax rose to $82.2 million.
  • Strategic focus areas include Better Beef, Unlocking the Value of the Land, and Partner and Invest.
  • Investments in sustainability projects were emphasized, including a landscape carbon project.
  • AACo is poised for long-term growth through strategic initiatives and market positioning.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.