Food Empire Holdings (F03) H1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
H1 2026 earnings summary
29 Oct, 2026Executive summary
1H2026 revenue reached a record US$315.073m, up 15.0% YoY; NPAT rose 12.2% to US$35.348m on a normalized 1H2025 basis of US$31.498m.
Broad-based growth across all geographic segments was supported by brand investment and capacity expansion.
Management expects a sixth consecutive record full-year performance, barring unforeseen circumstances.
Financial highlights
Gross profit rose 15.3% to US$104.0m; operating profit increased 10.2% to US$47.131m and EBITDA grew 12.7% to US$58.831m.
Profit before tax was US$46.3m versus US$9.7m reported in 1H2025; excluding the US$32.6m REN fair-value loss, 1H2025 PBT was US$42.3m, up 9.6% YoY.
Basic EPS was US5.36 cents versus normalized and restated 1H2025 EPS of US4.88 cents; diluted EPS was US5.02 cents versus US4.67 cents.
Outlook and guidance
Resilient consumer demand, brand engagement and capacity expansion underpin the strong FY2026 outlook.
Khorgos coffee-mix facility began operations in early 2026 and is expected to contribute positively from 2H2026.
India spray-dried facility expansion is targeted for end-2027 completion; Vietnam freeze-dried facility is expected by 2028.
Latest events from Food Empire Holdings
- Record H1 revenue and operating profit growth offset by FX and associate losses.F03
H1 2023 - Record FY2023 revenue and operating profit; normalized profit rose 25.3%.F03
H2 2023 - Revenue rose 13.6%, but profit fell 12.8% amid Russia disruption and higher costs.F03
H1 2024 - Record revenue growth was offset by coffee-cost pressure and lower normalised profit.F03
H2 2024 - Record revenue and 35.7% underlying profit growth offset by a one-off REN fair-value loss.F03
H1 2025 - Record FY2025 revenue and normalized profit, with Asian capacity expansion backing growth.F03
H2 2025