GrainCorp has revealed its financial results, for the year ending 30 September 2025 (FY25).
GrainCorp managing director and chief executive officer Robert Spurway said the robust results are due to disciplined planning and focused execution, all while responding to challenges in the global margin environment.
“We’ve maintained a strong balance sheet, with core cash of $321 million, which gives us flexibility to continue pursuing growth opportunities while delivering strong shareholder returns,” he said.
“Our East Coast Australia (ECA) business handled 31.6mmt of grain in FY25 (FY24: 28.0mmt), which includes outloads of 13.5mmt (FY24: 11.5mmt). We achieved higher volumes across our bulk materials program, Animal Nutrition, and our canola seed crush facilities.
“We once again demonstrated our ability to generate strong results by controlling what we can and capitalising on opportunities when they arise.”
The company achieved an underlying EBITDA of $308 million (FY24: $268 million), a net profit after tax (NPAT) of $40 million (FY24: $62 million), and underlying NPAT of $87 million (FY24: $62 million). GrainCorp also attained 48 cents per share (cps) fully franked in FY25 dividends (FY24: 48cps).
“GrainCorp is delivering on its strategic priorities to enhance, expand, and evolve our integrated network, continuing to create long-term value for shareholders,” Spurway said.
“We are investing in our ECA network to increase supply chain efficiency and improve truck turnaround to enhance grower experience. At our ports, ongoing focus on bulk materials program helped to achieve a record contribution from non-grain materials in FY25.”
In agribusiness, GrainCorp achieved an underlying EBITDA of $218 million in FY25 (FY24: $162 million) and grain production of 34.7mmt (FY24: 26.1mmt) resulting in total grain handled of 31.6mmt (FY24: 28.0mmt).
Its bulk materials program handled 3.0mmt of non-grain materials (FY24: 2.6mmt) and a record contribution margin of $41 million (FY24: $36 million).
In nutrition and energy, GrainCorp achieved an underlying EBITDA of $117 million in FY25 (FY24: $134 million). The company achieved a record 557kmt of canola seed (FY24: 540kmt), and successfully transitioned the some production volumes to its West Footscray facility following the cessation of manufacturing at its East Tamaki facility.
Spurway said that GrainCorp’s nutrition and energy business remains well positioned for growth and the integration of artificial intelligence (AI) and advanced analytics contributed to an uplift in operational outcomes.
“Our priority remains delivering the desired outcomes while managing risk,” he said.
“Our teams are working closely with growers to respond to the demands of another busy harvest. Although strong global supply of grains and oilseeds is expected to see a continuation of margin pressure, GrainCorp remains well-placed to capitalise on market opportunities as they emerge.”
GrainCorp expects to provide earnings guidance at its Annual General Meeting in February 2026.