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Select Harvests Delivers $46M EBITDA Turnaround Amid Shareholder Pushback
10:31am on Tuesday 18th of February, 2025 AEDT
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Agriculture
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Select Harvests Delivers $46M EBITDA Turnaround Amid Shareholder Pushback
10:31am on Tuesday 18th of February, 2025 AEDT
Key Points
FY2024 EBITDA of $46 million and net profit of $1.5 million after tax
Significant operational improvements in crop volume, processing capacity, and sustainability
Completed $80 million fully underwritten capital raise to retire debt and fund capacity expansion
First strike recorded on remuneration report amid shareholder dissatisfaction
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Select Harvests (ASX:SHV)
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