• Group revenue up 8.2% to $430.5m
• Australia revenue up 6.4%, China revenue up 18.3%
• EBITDA of $43.2m, up 9.1% on FY24

Lynch Group Holdings Limited (ASX:LGL), Australia and China's leading vertically integrated wholesaler and grower of flowers and potted plants, has released its full year results for the twelve months ended 29 June 2025 (FY25). The Group reported strong financial performance, with revenue of $430.5m, up 8.2% on FY24, and EBITDA of $43.2m, up 9.1% on the prior year. In Australia, revenue increased by 6.4% on FY24, driven by ongoing demand for supermarket floral products and supported by new sale or return (SOR) conversions and the launch of a new brand with a customer. China revenue increased 18.3%, with strong growth in tulip and export volumes and moderate growth in roses. The Group's NPATA of $10.2m was up 11.4% on FY24. Cash conversion was 96%, in line with the seasonal unwind of working capital. The final dividend for FY25 was 9.0 cents fully franked. The company highlighted that supermarkets in Australia are increasingly being chosen by consumers for their floral purchases, with some way to go before they match the penetration of this category in other advanced economies. In China, the business is stabilising with some green shoots appearing, reflected in strong event performances and improving average selling prices (ASP) in the second half of the year.

The Group is expecting continued positive revenue momentum in Australia underscored by consumer demand for supermarket floral products. In China, the company is seeing a more reliable uptick in demand during key event windows and less consistent demand outside of those windows. The EBITDA margin rate for Australia is expected to be in line with FY25 and China's margin rate will be dependent on market conditions across winter and into the second half for key events.

The Group is expecting continued positive revenue momentum in Australia underscored by consumer demand for supermarket floral products. In China, the company is seeing a more reliable uptick in demand during key event windows and less consistent demand outside of those windows. The EBITDA margin rate for Australia is expected to be in line with FY25 and China's margin rate will be dependent on market conditions across winter and into the second half for key events.