Burger Fuel Group (BFG) AGM 2026 summary

Opening remarks and agenda

• Meeting formally opened with quorum present; board, executive, auditors, and share registrar introduced.

• Agenda included addresses from the Chair and CEO, financial and business performance review, Q&A, and two formal resolutions.

Financial performance review

• FY 2026 delivered record net profit after tax of NZD 1.97 million, up 91.8% from prior year.

• System sales grew 2.93% to NZD 111.4 million; NZ sales up 4.12% to NZD 108 million.

• Group revenue rose 2.23% to NZD 25.5 million; cash on hand increased to NZD 6.1 million, with no debt.

• One-off gain of NZD 288,000 from sale of Ponsonby store; capital deployed into property, plant, equipment, and technology.

• Middle East sales down 26% due to conflict; region now 2.95% of total sales.

Board and executive committee updates

• Board and executive focused on business resilience, strategic investment, and maintaining a strong balance sheet.

• Dividend policy reviewed annually, with ongoing assessment of working capital and capital commitments.