Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — FY2025 Earnings Presentation
26 slides from Ricegrowers Ltd. Class B's earnings presentation, Jun 26, 2025
Slide 1: Full Year Results Presentation 2025
SHAPING OUR FUTURE WITH FULL YEAR RESULTS PRESENTATION 2025
Slide 2: Important notice & disclaimer
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Important notice & disclaimer This presentation is for information purposes only. This Any person who receives this presentation must seek This presentation should be read in conjunction with capital structure require careful considerat
Slide 3: The SunRice Group is a global food business with deep Australian heritage
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART The SunRice Group is OUR STRUCTURE a global food business Our objective is to optimise with deep Australian returns for both classes of heritage. shareholders. Our business was founded by rice growers in the heart of the Riverina region
Slide 4: An Australian success story
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART An Australian success story From the entrepreneurial spirit of a group of Riverina rice growers pooling their money to fund a single rice mill in 1950, to the truly global food group we are today, our journey spans 75 years of innovatio
Slide 5: ~70% branded sales
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART ●SunFoods Source locations1 California, USA Aqaba Processing UNITED Company (APC) ● Global offices and assets STATES ●Jordan OTHER Ricegrowers ● Middle East, UAE ●SunFoods ~60% Hawaii, USA ●Ricegrowers PACIFIC Vietnam ISLANDS MIDDLE Ric
Slide 6: FY25 Financial Highlights
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART FY25 Financial Highlights In FY25 we continued to deliver across key metrics, while embedding our 2030 Growth Strategy. We are shaping our future with rice at our heart, as we build FY25 FY24 on the legacy of the last 75 years. FY25’s p
Slide 7: FY25 Activity
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART FY25 Activity Volume opportunities and Profitability challenges • EBITDA: Up 3% to $147.7m • Brand Strength: ~70% of Group • NPAT: Up 4% to $70.7m sales were through a broad portfolio • Margin Drivers: of branded products. o Pricing opt
Slide 8: Our sustainability pillars
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Our sustainability pillars Thriving Thriving Thriving Inspiring People Planet Community Products Respecting Human Rights Climate Action Supporting our Communities Reducing Food Waste We understand and act on our Driving climate action a
Slide 9: FY25 Segment snapshot
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART FY25 Segment snapshot $147.7m ^3% FY25 Group EBITDA Australian Rice Profit Businesses Pool Business Segment share of Group EBITDA: Rice Pool International Rice Rice Food Riviana Foods CopRice Corporate Strong Riverina supply and robust
Slide 10: History of Performance
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART History of Performance RESILIENCE DEMONSTRATED CONSISTENTLY STRONG DIVIDENDS The Group’s FY25 performance AU Crop and Group Revenue 1,638 1,880 1,851 80 Dividend (cents per B Class Share), Dividend Yield 1 and Payout Ratio2 65 reflects
Slide 11: Group Financials
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Group Financials Revenue down 2% Slight decline in revenue compared to FY24 was primarily due to increased competition and pricing deflation in some markets and ($’000s) FY25 FY24 categories, despite strong branded and traded sales volu
Slide 12: EBITDA and Cash flow movement
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART EBITDA and Cash flow movement EBITDA MOVEMENT ($M) MOVEMENT IN NET DEBT ($M) At 30 April 2025, all remaining debt drawn down on our Seasonal facility relates to Net Working Capital funding, with this being primarily made up of near-term
Slide 13: Capital management
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART NET DEBT / EBITDA CORE D EBT / EBITDA GEARING RATIO CORE GEA RING RA TIO 2 Capital 1.5x n.a. 26% n.a. management Net Debt Seasonal Net Debt3 and Net Working Capital ($m) ($m) Net Debt and gearing remained stable at $218.2m Seasonal debt
Slide 14: Segment performance
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Segment performance 14
Slide 15: Australian Rice Pool Business
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART AUSTRALIAN RICE Our FY25 Performance REVENUE ($M) POOL BUSINESS 384.9 370.2 $370.2m Driving Performance 335.3 Rice Pool 246.1 • Ample Riverina rice supply to ^ meet global demand and fully absorb overheads 4% 114.8 Our SunRice brands an
Slide 16: Australian Rice Pool Business
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART AUSTRALIAN RICE POOL BUSINESS OUR RICE HARVEST WATER EFFICIENCY Investing in our AT A GLANCE For the CY24 crop planted 0.97T/ML Riverina assets average (all varieties / all regions) We are investing ~$15 million in a major Becoming the
Slide 17: International Rice Businesses
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART PROFIT Our FY25 Performance REVENUE ($M) 893.8 860.4 BUSINESSES 735.0 $860.4m Driving Performance 548.5 620.9 International • Volume growth in Middle East consumer markets and US ^ Rice tender/export markets • Brand strength and portfol
Slide 18: Rice Food Profit Businesses
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART REVENUE ($M) PROFIT Our FY25 Performance BUSINESSES 121.0 132.5 $132.5m Driving Performance 106.4 113.0 96.1 Rice Food • Volume growth in rice cakes and rice flour with new and expanded ^10% distribution channels Product innovation, • P
Slide 19: Riviana Foods
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART PROFIT Our FY25 Performance REVENUE ($M) BUSINESSES 221.8 230.8 196.5 215.0 Riviana Driving Performance • New product development and Toscano $230.8m 148.4 ^4% and Hart & Soul brand strength Foods • Distribution optimisation and procure
Slide 20: CopRice
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART REVENUE ($M) PROFIT Our FY25 Performance BUSINESSES 236.1 252.7 250.6 CopRice Driving Performance • Volume growth in pet food, $250.6m ^ 114.5 161.1 supported by SavourLife acquisition 1% Our strong profit • Favourable product mix shift
Slide 21: Corporate
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART PROFIT Overview EBITDA ($M) BUSINESSES 47.3 48.9 $40.5m The Corporate segment captures 40.5 Corporate the cost of holding and financing assets that are utilised by both the Australian Rice Pool Business ^ 17% 26.0 26.4 A strong portfoli
Slide 22: Our purpose, vision and strategies
FY25 YEAR IN REVIEW - SHAPING OUR FUTURE WITH RICE AT OUR HEART OUR PURPOSE OUR VISION With rice at our heart, We grow, source and craft, with enduring care O UR A MBITIO N we bring people together for our people, communities and environment, through inspiring and quality food that brings authentic
Slide 23: Our Strategy
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Our Strategy In addition to marking 75 years of the Progress on Strategy SunRice Group, FY25 marked the first Product innovation and portfolio diversification Operational efficiency and cost optimisation year of implementation of our 20
Slide 24: Outlook
FY25 YEAR IN REVIEW SHAPING OUR FUTURE WITH RICE AT OUR HEART The SunRice Group expects to build on the solid results achieved in FY25 to continue to grow the Outlook business at both the top and bottom line in FY26. There are a number of positive factors that we However, some of the challenges expe
Slide 25: Paddy price and crop outlook
FY25 YEAR IN REVIEW – SHAPING OUR FUTURE WITH RICE AT OUR HEART Paddy price and crop outlook Stronger than anticipated on-farm yields for the 2025 (CY25) Riverina crop have resulted in a ~511,000 paddy tonne harvest, which will support a full milling program and strong branded sales in the Australia
Slide 26: Shaping our future with rice at our heart
SHAPING OUR FUTURE WITH