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Ridley Corporation (RIC) investor relations material
Ridley Corporation AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened with confirmation of quorum and a welcome to shareholders, highlighting the significant acquisition of Incitec Pivot Fertilisers.
Chairman welcomed attendees and introduced the board, executive team, and meeting protocols, including virtual voting and Q&A procedures.
Board members, CFO, and Company Secretary were introduced; minutes of the previous AGM were signed and made available.
Outlined meeting procedures, including voting and Q&A processes for both in-person and online participants.
Financial performance review
FY25 EBITDA from continuing operations was $97.8 million, up 8.6% on FY24, with growth in both Bulk Stockfeeds and Packaged Feeds and Ingredients segments.
Statutory NPAT rose 8.7% to $43.3 million.
Operating cash flow was $93.0 million, with a 97% cash conversion rate.
Total Shareholder Return reached 42%, and leverage remained low at 0.6x underlying EBITDA.
Bulk Stockfeeds grew 8% year-on-year, and Packaged Feeds and Ingredients earnings increased 5% year-on-year.
Board and executive committee updates
Special mention of CFO Richard Betts, who will retire before the next AGM, acknowledging his five-year contribution.
Julie Raffe presented for re-election as director, with her extensive executive and non-executive experience highlighted.
Board and executive team introduced, including CEO, CFO, and directors.
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