Spc Global Holdings Ltd · ASX:SPG
Spc Global — FY2026 Earnings Presentation
30 slides from Spc Global's earnings presentation, Aug 28, 2026
Slide 1: FY26 Financial Results
FY26 Financial Results A Stronger, More Credible Platform for Sustained Growth 28 August 2026 1
Slide 2: Not investment advice
The following disclaimer applies to this Presentation. You are therefore advised to read this disclaimer carefully before reading or making any other use of this Presentation or any information contained in this Presentation. This Presentation has been prepared by SPC Global Holdings Ltd (SPC Global
Slide 3: Not an offer
You should be aware that such statements are only opinions and Certain market and industry data used in connection with this are subject to inherent risks and uncertainties. Those risks and Presentation may have been obtained from research, surveys or uncertainties include factors and risks specific
Slide 4: Robert Iervasi and Brant Clutterbuck
Robert Iervasi Brant Clutterbuck Group Managing Director Group Chief Financial Officer 4
Slide 5: Agenda
01 Business Overview 04 Outlook Agenda 02 FY26 Strategy in Action 05 Questions 03 FY26 Financials 5
Slide 6: Business overview
Business overview SPC GLOBAL
Slide 7: Three divisions, one company
THREE DIVISIONS, ONE COMPANY A market-leading Australian food, beverage and dairy business with a mission to reimagine nourishment and wellness for consumers globally. Formed through the merger and relisting on the ASX (SPG) in December 2024, SPC Global united four established Australian businesses
Slide 8: Live in 15 markets over 5 regions
Live in 15 markets over 5 regions – consolidated across SPC, OBC, Nature One & Natural Ingredients SPC Global provides Australian-made food, beverages and nutrition across North Asia, Southeast Asia, the Middle East and North America – spanning Nature One's nutritional range, The Original Beverage C
Slide 9: Solid foundations, efficient scaling, international growth
A diversified food, beverage and dairy business combining iconic brands with a multi-market, multi-channel platform and attractive international growth opportunities. INTERNATIONAL FINANCIAL SOLID FOUNDATIONS EFFICIENT SCALING GROWTH STEWARDSHIP An established, Product mix + Diverse global Capitalis
Slide 10: FY26 Strategy in Action
FY26 Strategy In Action SPC GLOBAL
Slide 11: Domestic: Portfolio quality, earnings quality and scalable growth
The anchor for SPC Global – stable earnings base with strong cash flow ~59% ~30% 76% 5 of FY26 Group EBITDA of domestic FY26 EBITDA from beverages branded mix of domestic NSR core commercial channels OPTIMISE value over volume · portfolio simplification · margin repair ACCELERATE beverages & On-the-
Slide 12: Premiumisation-led expansion across dairy, beverages and food
Premiumisation-led expansion across dairy, beverages and food International is SPC Global's growth engine – Australian-made premium products exported to global markets. The division is driving growth in high- margin, value-add and specialised segments across its export platforms. ~41% $15.7M 15 ~$37
Slide 13: FY26 key non-financial milestones
FY26 – key non-financial milestones across corporate, people, commercial and operations $100M >$20M 15 Equity raised (May 2026) Synergies implemented Export markets Commercial & growth Operations & integration • Fonterra Third-Party Manufacturer – contract commenced in Nov 2025. • Mill Park transiti
Slide 14: FY26 Financials
FY26 Financials SPC GLOBAL
Slide 15: FY26 results highlights
NET SALES EBITDA EBITDA EBITDA REVENUE GROUP DOMESTIC INTERNATIONAL $22.8M $15.7M $331.8M $38.5M Demand led and EBITDA delivery margin focussed Net Sales Revenue EBITDA* skewed to second half model strengthening of financial year domestic business DEBT INVENTORY SYNERGY FY26 GUIDANCE FINANCING MANAG
Slide 16: Shift towards higher margin and sales contribution
Shift towards higher margin and sales contribution with diversified Net Sales Revenue and EBITDA Net Sales Revenue Group EBITDA* 13.8% 40.7% 41.5% 17.7% 68.5% 17.8% SPC Group Nature One Original Beverage co. *Normalised for non-recurring restructuring and integration costs. 16
Slide 17: SPC Group
SPC Group AUD $'m FY26 FY25* • Adjusted Normalised EBITDA of $38.5m - in line with forecast, up $8.2m on prior year; FY26 guidance met. Net Sales Revenue 331.8 376.2 • Sales decrease reflects a deliberate shift away from low volume / low margin products delivering an increase in Gross Profit 105.9 1
Slide 18: Optimising for profit
Profit growth delivered through portfolio optimisation, channel mix and productivity improvements Optimising for profit Domestic Net Sales Revenue ($’M) 350.0 325.4 Branded & Private Label Business Shift 287.7 300.0 1 250.0 FY26 FY 76% 24% 200.0 150.0 FY25 FY 69% 31% 100.0 30% 40% 50% 60% 70% 80% 90
Slide 19: Strong margin improvements driving a highly profitable international business
Strong margin improvements driving a highly profitable international business International Net Sales Revenue ($’M) 60.0 The International division performed strongly in H2 50.8 delivering an EBITDA result of $13.2M (+53% H2’26 v H2’25). 50.0 45.9 40.0 Increase in overall profit contribution driven
Slide 20: Normalisation adjustments in line with expectations
Normalisation adjustments in line with expectations NATURE FY26 Integration costs comprise of continued resource and one-off costs directly associated with integration activities. Redundancy Costs $4.7M Redundancy costs relate to announced reorganisation programs, and the excess inventory reflects f
Slide 21: Balance Sheet
Balance Sheet $M Jun’26 Dec’25 Jun’25* Cash 48.9 8.3 7.1 Inventory 129.3 108.9 136.4 Total Assets increase primarily reflecting the higher cash balance and inventory. Current assets (excl. cash & inventory) 84.5 75.8 66.7 • Cash increased, primarily due to proceeds received Right of use assets 140.8
Slide 22: Inventory target achieved with $122M target by end of FY27
FY26 target achieved with $122M target by end of FY27 (5% YoY reduction) Jun’26 Dec’25 Jun’25* Inventory decreased by $7.1M to $129.3M YoY achieving a result better than guidance ($130M). The increase from December reflects SPC $M 116.2 96.4 125.1 the seasonal production cycle (inventory peak around
Slide 23: Cash Flow
Cash Flow $M SPG TOTAL • Net cash inflow of $41.9m, reflecting the proceeds from the capital raise, partially Opening cash (Jun’25) 7.1 offset by operating and investing cash outflows during the period. Net cash from operating activities (29.8) • Financing activities generated a net Net cash from in
Slide 24: SPC Standalone and Merged Group performance insights
SPC STANDALONE MERGED GROUP Performance Insights • FY20 EBITDA performance resulted from substantially non-recurring activities including the sale of inventory that was purchased from the former owners of the business at a significant discount, along with additional sales directly associated with th
Slide 25: SPC Standalone
SPC Standalone • SPC was acquired by Shepparton Partners Collective, a joint venture between Perma Funds Management and The Eights. The acquisition was announced on 4 June 2019, when Coca-Cola Amatil agreed to sell SPC for A$40m. • In January FY22, a A$111m capital raise was partially completed whic
Slide 26: Outlook
Outlook
Slide 27: Mission, vision and strategic pillars
MISSION Reimagine nourishment and wellness for consumers globally VISION Globally respected with admired brands, delivering exceptional performance and creating value for all STRATEGIC PILLARS BRANDS & PRODUCTS SUPPLY CHAIN & CHANNELS & CUSTOMERS RESPONSIBILITY OUR PEOPLE Growing brands OPERATIONS C
Slide 28: FY27 guidance: >10% sales growth, >20% EBITDA growth
The company expects to deliver a >10% increase in Net Sales Revenue in FY27 YoY, driving a >20% EBITDA increase and positive free cash flow. NET SALES REVENUE EBITDA GROWTH FREE CASH FLOW GROWTH >10% YoY >20% YoY Positive growth growth Strong growth expected in FY27 Net FY27 increase based on normal
Slide 29: Appendix
Appendix
Slide 30: Improving margins driving YoY EBITDA growth and de-leveraging
Improving margins are driving YoY EBITDA growth and de-leveraging – positioning the business for FY27 success Group Net Sales Revenue ($M) Normalised Group EBITDA ($M) Inventory ($'M) 250.0 30.0 25.5 150.0 132.2 136.4 129.3 194.2 182.0 25.0 22.8 108.9 200.0 171.5 160.3 20.0 100.0 150.0 13.0 15.0 100