T&G Global
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T&G Global (TGG) investor relations material

T&G Global H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary26 Feb, 2026

Executive summary

  • Achieved strong financial performance in 2025, with revenue rising to $1.6b from $1.4b year-over-year and operating profit increasing to $46.9m from $12.7m in 2024.

  • Apples division drove growth, contributing 67% of total revenue and delivering $74.7m in operating profit, up from $37.8m.

  • T & G Fresh improved operating profit to $19.6m from $3.6m, despite challenging market conditions.

  • VentureFruit revenue declined 8% to $9.0m, with an operating loss of $2.4m.

  • Strategic investments in premium apple and berry categories, operational efficiencies, and sustainability initiatives underpinned results.

Financial highlights

  • Revenue: $1.6b (2024: $1.4b), up 15%.

  • Operating profit: $46.9m (2024: $12.7m), up 269%.

  • Net profit after tax: $16.0m (2024: loss of $9.9m).

  • Earnings per share: 8.3 cents (2024: -13.0 cents).

  • Total assets: $1.14b; equity: $510.0m.

  • Dividends paid to non-controlling interests: $7.1m.

Outlook and guidance

  • Anticipates continued momentum and significant growth in 2026, driven by investments in premium apples and berries.

  • Premium apple crop in New Zealand forecast to increase by 25% in 2026.

  • Ongoing focus on operational efficiency, supply chain optimisation, and sustainability.

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Frequently asked questions

T&G Global Limited is a New Zealand-based company specializing in the production, distribution, and marketing of fresh produce. The company grows, imports, exports, and markets a variety of fruits and vegetables, including apples, berries, tomatoes, and citrus fruits. With operations in New Zealand and internationally, T&G Global works closely with growers and retail partners to deliver fresh produce to consumers year-round. The company also focuses on innovation in sustainable agricultural practices to enhance product quality and reduce environmental impact. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.

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