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Shriro Holdings Limited (ASX:SHM)

ALERT: Price-sensitive ASX Announcement for SHM
Current share price for SHM : $0.750 -0.035 (-4.46%)+
Announcement
Release
17 Nov 2025 1:47PM
Price at Release
$0.785
Full Release
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Summary
Shriro Holdings Limited held its 2025 Annual General Meeting, chaired by Abigail Cheadle, where the performance for the financial year ending 30 June 2025 was discussed. The company reported a revenue decline of 13.6% to $103.3 million due to a transition from wholesaler to importer in the Australian BBQ category and subdued discretionary spending. Despite this, EBITDA increased by 5.5% to $15.3 million, aided by the completion of an ERP system delivered on budget. The company completed its exit from Seasonal Business operations, appointing Blaze as its US distributor, and returned $19.5 million to shareholders through share buy-backs and fully franked dividends. Shriro's strategy focuses on capital returns through dividends and buy-backs, supported by a disciplined operational model. New initiatives include leveraging e-commerce capabilities and expanding product offerings globally.
Key Points
  • Shriro's revenue declined by 13.6% to $103.3 million in FY25.
  • EBITDA increased by 5.5% to $15.3 million.
  • Completed ERP system implementation on budget.
  • Exited Seasonal Business operations and appointed Blaze as US distributor.
  • Returned $19.5 million to shareholders via buy-backs and dividends.
  • Strategy focuses on capital returns and e-commerce expansion.
  • New product launches and US market expansion planned.
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.