• Results align with forecasts
• Asset sales enhance AFFO, earnings, gearing, WALE
• Unitholders approve J&F Australia Guarantee increase to $200m

Rural Funds Group (RFF) presented its financial results for the year ended 30 June 2026. The results were in line with forecasts, with notable benefits from contracted asset sales. Key financial highlights include: AFFO of 11.7 cents per unit, earnings of $124.1 million, and a distribution per unit of 11.73 cents. The contracted asset sales, totaling $255.3 million, have enhanced AFFO, earnings, gearing, and WALE. The increase in the J&F Australia Guarantee to $200 million was approved by unitholders, providing additional earnings accretion. The portfolio's adjusted total assets decreased by 7.3% due to divestments, partially offset by capital expenditure and revaluation movements. The adjusted NAV per unit increased to $3.22, and gearing decreased to 31.8%, within the target range.

FY27 forecasts: AFFO 11.7 cents per unit, Distributions 11.73 cents per unit, Earnings $314.9 million

RFF anticipates continued growth and stability in its portfolio, with a focus on enhancing asset productivity and capital management. The company aims to maintain its strategic leasing model and diversification across agricultural sectors and climatic zones.