Burger Fuel Group (BFG) AGM 2026 summary

Opening remarks and agenda

• AGM opened with quorum present; notice had been circulated to shareholders on August 26, 2026.

• Agenda included chair and CEO addresses, Q&A, then two ordinary resolutions for shareholder questions and poll voting.

• FY 2026 annual report and audited financial statements had been circulated; the chair invited comments during Q&A.

Financial performance review

• FY 2026 net profit after tax was NZD 1.97m, up 91.8% YoY; total system sales rose 2.93% to NZD 111.4m and group revenue rose 2.23% to NZD 25.5m.

• New Zealand system sales across three brands and 66 restaurants increased 4.12% to NZD 108m.

• Cash closed FY 2026 at NZD 6.1m, versus NZD 4.8m a year earlier, after NZD 1.34m of cash investment in property, equipment and technology; there was no debt.

• Results benefited from no recurrence of substantial legal costs incurred in FY 2024 and FY 2025, plus a NZD 288,000 one-off gain on the Ponsonby store sale.

Board and executive committee updates

• Alan Gourdie introduced independent directors Tristram van der Meijden and Tyrone Foley, CEO and director Josef Roberts, and CFO and Company Secretary Mark Piet.

• Josef Roberts stood for re-election as a director retiring by rotation under the constitution.