ELD Price sensitive 18 May 2026, 8:42 AM

Elders Limited Half Year Results Announcement

Elders Ltd

Elders Limited Half Year Results

Key points

  • Underlying EBIT of $76.6 million, statutory profit after tax of $39.5 million
  • Interim dividend of 18.0 cents per share, 100% franked
  • Progress in Systems Modernisation and Delta Agribusiness integration

Full summary

Elders Limited announced its half-year results for the six months to 31 March 2026, reporting underlying earnings before interest and tax (EBIT) of $76.6 million and statutory profit after tax of $39.5 million. The company declared an interim dividend of 18.0 cents per share, fully franked. The results reflect optimization of seasonal conditions and earnings from Delta Agribusiness. The new divisional model was fully implemented, and Systems Modernisation progressed with the third Wave going live. The Killara Feedlot sale was announced, pending approvals. Delta Agribusiness synergies are being fast-tracked, with benefits expected in the second half of FY26. Elevated diesel prices remain a challenge, but Elders is well-positioned to manage disruptions. Safety performance improved, with one Lost Time Injury and a Total Recordable Injury Frequency Rate of 3.5. The company is also set to welcome a new CEO, René Dedoncker, and a new Audit, Risk, and Compliance Committee Chair, Stephanie Nixon. Elders refinanced its bank facilities, extending the maturity to November 2029.

Guidance

Underlying EBIT of $76.6 million, statutory profit after tax of $39.5 million, interim dividend of 18.0 cents per share

Outlook

Elders is well positioned for the second half, with expected contributions from Delta Agribusiness, Systems Modernisation benefits, and Delta Agribusiness synergies. Elevated diesel prices remain a risk.

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