ALF - Strong Agri Sector Drives Earnings Growth

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

•  Market Update May 2025

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

GEN - General Capital gives Notice of Annual Meeting 2026
AFT Chair David Flacks to retire before the next ASM
PCT - Precinct NZ $65 million Wholesale Bond Issue
FRW - Chair Announces Appointment of Successor
PCT - Future Director Appointment
FRW - Chair Announces Appointment of Successor
Me Today Market Update
IKE 1Q FY27 Performance Update
BPG - Q1 FY27 Trading Update
AFT R&D Portfolio Offers Multi-$bn Market Potential