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Big River Industries Limited (ASX:BRI)

ALERT: Price-sensitive ASX Announcement for BRI
Current share price for BRI : $1.320 -0.12 (-8.33%)+
Announcement
Release
28 Oct 2025 8:40AM
Price at Release
$1.440
Full Release
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Summary
In the Chair's address for Big River Industries Limited's FY2025 Annual General Meeting, the Chair reflected on a challenging year with reduced residential activity and subdued market conditions. Despite these challenges, the company's commitment to managing costs and generating cash was highlighted as a strength. The strategy remains focused on trade customers and investment in specialized products, underpinned by geographic and sector diversity. A final dividend of two cents per share was declared, though the Dividend Reinvestment Plan is suspended for FY26 due to low uptake. Looking ahead, the company is cautiously optimistic, particularly about opportunities in Queensland driven by the Brisbane Olympics. Leadership changes were noted, with departures and the appointment of Alexander Beard to the Board. The Chair expressed gratitude to the Board, executive team, and employees, emphasizing the company's resilience and readiness for future opportunities.
Key Points
  • Challenging year with reduced residential activity.
  • Commitment to cost management and cash generation.
  • Focus on trade customers and investment in specialized products.
  • Final dividend of two cents per share declared.
  • Suspension of Dividend Reinvestment Plan for FY26.
  • Optimism about opportunities in Queensland due to the Brisbane Olympics.
  • Leadership changes with new Board appointment.
  • Gratitude expressed to company stakeholders.
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.