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Wellard Posts FY2025 Profit, Sells Last Vessels, Plans ASX Delisting and Capital Returns
3:27am on Saturday 30th of August, 2025 AEST
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Agribusiness
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Wellard Posts FY2025 Profit, Sells Last Vessels, Plans ASX Delisting and Capital Returns
3:27am on Saturday 30th of August, 2025 AEST
Key Points
Net profit after tax of US$1.3 million in FY2025 including a one-off US$5 million expense
Sale of last two livestock vessels, M/V Ocean Ute and M/V Ocean Drover, completed
Capital returns totaling A$0.17 per share paid to shareholders with further returns planned
Plans to delist from the ASX subject to shareholder and regulatory approval
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