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Why Is Inghams Slashing FY26 EBITDA Guidance Despite Flat Revenue?

8:46am on Friday 20th of February, 2026 AEDT Consumer Staples
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Why Is Inghams Slashing FY26 EBITDA Guidance Despite Flat Revenue?

8:46am on Friday 20th of February, 2026 AEDT
Key Points
  • Core poultry volumes dip slightly by 0.7% despite new business growth
  • Revenue steady at AUD 1.61 billion, offset by rising operational costs
  • EBITDA pre AASB 16 plunges 42.3% to AUD 58 million
  • Inventory reduction and cost-out programs underway targeting AUD 60-80 million savings
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