Sharechat Logo

ALF - Strong Agri Sector Drives Earnings Growth

Tuesday 27th May 2025

Text too small?

Allied Farmers Limited (“Allied” or “Allied Group”) (ALF: NZX) is pleased to advise that on the back of stronger FY25 forecast operating earnings from its 67% owned subsidiary, NZ Farmers Livestock Limited (NZFL), Allied’s FY25 operating earnings are forecast to be materially higher than FY24*.

 

The forecast stronger NZFL operating earnings are driven by a strong team performance within a buoyant agricultural sector, with higher transaction volumes and prices being achieved.

 

Earnings from NZ Rural Land Management, the Manager of NZX listed NZ Rural Land Company Limited, are expected to be lower than FY24, but will not materially offset NZFL’s improved performance.

 

Allied’s results are subject to technical accounting review and statutory audit. Audited financial results will be announced on or prior to 29 August 2025.

 

 

Shelley Ruha - Chair

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report