• Revenue broadly in-line with prior year at $1.61 billion
• EBITDA down 33.8% to $139.2 million
• NPAT down 64.9% to $18.1 million
• Interim dividend of 4.0 cents per share declared

Inghams Group Limited reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $139.2 million for the first half of FY2026, down 33.8% compared to the prior corresponding period. Net Profit after Tax (NPAT) was $18.1 million, a 64.9% decline versus the prior year. Revenue was broadly in-line with the prior year at $1,610.3 million, reflecting growth in Group Net Selling Prices (NSP) of 1.4% and improved channel mix, offsetting lower core poultry volumes across both Australia and New Zealand. In Australia, core poultry volumes declined 0.5%, primarily driven by reduced Woolworths volumes, offset by strong growth across non-Woolworths Retail and Quick Service Restaurants. In New Zealand, core poultry volumes declined 1.6% due mainly to lower Other Poultry Product sales. Total costs increased 5.0% versus the prior year, driven by inflation across labour, ingredients, utilities and packaging, as well as elevated unit costs from managing excess inventory, incremental supply chain and logistics costs, lower farming performance, and Ingleburn transition inefficiencies. The company made progress on its cost reduction program, with internal feed costs declining $24.9 million. The directors have determined that a fully franked interim dividend of 4.0 cents per share, totalling $14.9 million, will be paid on 3 April 2026.

The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.