CBH Group has shared its FY25 results, showcasing network investment and grower productivity.
The company has reported an adjusted surplus of $208.3 million, backed by a 20.4 million tonne harvest.
CBH chief executive officer Ben Macnamara said the achievement was made possible due to the sustained network investment and productivity of Western Australian growers.
“Grower productivity and resilience saw another harvest of over 20 million tonnes delivered into the CBH network,” Macnamara said.
“The CBH team rose to the task of safely receiving and outturning the crop, which marked our third-largest crop on record. This achievement reflects strong planning and operational performance, and sustained investment in the network.”
Operations contributed $201.2 million, demonstrating increased receivals and ongoing efficiency gains made across the supply chain.
“Our operations team set a new daily receival record of 631,000 tonnes and outturned over 2 million tonnes in a single month, twice,” Macnamara said.
“Marketing and trading faced tough trading conditions, posting a $14.6 million loss, however paid $4.2 billion to growers throughout the year in line with its purpose of driving a competitive price market for growers.”
CBH Fertiliser outturned a record 297,000 tonnes in its tenth year of operations. CBH has invested $590 million into the network, which includes $339 million to upgrade country sites and ports, and $171 million on sustaining capital.
“More than 500 of our new custom-built wagons have been delivered, with the remaining 150 wagons arriving in the new year,” Macnamara said.
“We also completed the rapid rail outloading projects at Broomehill, Cranbrook, and Moora, strengthening WA’s grain outturn and export capacity. Looking ahead, CBH is focused on delivering Horizon 2 of its Strategy, targeting a monthly outturn target of 2.5 million tonnes per month by 2028 to keep pace with growing crop sizes.”
