The Elders Ltd (ASX: ELD) share price is up over 4% after it revealed its FY25 results.
Elders works with primary producers to provide products, marketing options and specialist advice across rural, wholesale, agency and financial property and services categories. It also has a leading Australian rural and residential property agency and management network.
2025 full year result
Here are the financial highlights for the 12 months to 30 September 2025:
- Revenue increased 2% to $3.2 billion
- Underlying EBIT (EBIT explained) rose 12% to $143.5 million
- Underlying net profit after tax (NPAT) jumped 34% to $86 million
- Statutory net profit after tax grew 12% to $50.3 million
- The final dividend per share remained flat at $0.18 per share
- The annual dividend also remained flat at $0.36 per share
The company said that it experienced “strong operational and financial resilience” through mixed seasonal conditions for the year. Elders highlighted that its stronger activity in livestock and real estate supported overall results.
its retail division gross profit margin declined compared to last year due to continued localised competition, exacerbated by dry conditions particularly in South Australia and western Victoria.
Elders said that the profit margin for wholesale products was stable compared to last year.
The company saw gross margin increases in the divisions of agency services, feed and processing services, real estate services and financial services.
Elders FY26 outlook
The company is optimistic about the outlook for FY26, supported by a forecast recovery from dry conditions in South Australia and Victoria. It also expects to see benefits from the implementation of its new retail system.
Additionally, Elders expects to do well after expanding its rural products business after its acquisition of Delta Agribusiness.
The outlook and fundamentals for Australian livestock looks good with prices for sheep and cattle forecast to be supported by strong international demand amid tightening supply.
Likewise, the outlook for the regional residential property market remains positive and Elders expects to benefit from stabilisation of interest rates at lower levels.
The Elders CEO and Managing Director Mark Allison said:
In FY25, Elders once again demonstrated the strength and resilience that has defined our 186-year legacy in Australian agribusiness.
Despite mixed seasonal conditions, we delivered strong safety improvements, reduced our Total Recordable Injury Frequency Rate to industry-leading levels, and maintained disciplined financial performance.
Our strategic acquisition of Delta Agribusiness and continued investment in systems modernisation highlight our commitment to sustainable growth and innovation. As we enter FY26 with a refreshed company structure and clear direction, I am optimistic about the opportunities ahead.
Elders is well-positioned to deliver stable, methodical performance and to grow alongside our clients and communities, supported by our excellent people.
Final thoughts on the Elders share price
The company is expecting good things for FY26 and the share price rising over 4% appears to reflect that the market seems to agree.
As a cyclical business it’s good to buy when conditions are weak. Currently the share price is somewhat close to its lows over the last five years.
With the Delta acquisition and the recovering conditions it could be an opportunistic time to invest but there are other ASX growth shares I would consider first.
