Ridley (RIC) Investor Presentation summary

Financial performance and growth

• EBITDA increased by 10% in FY23 and 5% in FY24, with a strong balance sheet and disciplined capital allocation.

• Total Shareholder Return achieved a 22% CAGR, exceeding long-term targets.

• Dividends paid represented 65% of NPAT, with net debt/EBITDA maintained below target range.

• $52m invested in organic growth and $67m in acquisitions aligned with strategy and ROFE.

• Targeted annual cost savings of $5m EBITDA from FY26 onwards through restructuring.

Strategic initiatives and achievements

• Bulk Stockfeeds segment saw 11% CAGR in ruminant volumes and regional expansion via acquisition.

• Ingredient Recovery increased higher-value product sales from 21% to 30% and completed key facility upgrades.

• Packaged Products expanded rural and urban market share, with new contracts and facility commissioning.

• NovaqPro® commercialisation advanced internationally, focusing on the global prawn market.

• Supply chain rationalisation and direct sourcing improved efficiency and cost structure.

Sustainability and operational excellence

• Progress made on 2030 sustainability commitments, including sourcing, production optimisation, and waste reduction.

• Initiatives to reduce CO2 emissions, non-recyclable plastics, and landfill waste are underway.

• Enhanced biosecurity, gender diversity, and community engagement are key focus areas.

• Climate-related risks are integrated into strategic decision-making.

• Lower footprint feed options and GHG reduction methods are being developed for customers.