Latest Horticulture News

Select Harvests has confirmed the presence of varroa mite in its South Australian orchard but reports no immediate impact on the 2026 almond crop. The company is working closely with authorities to contain the issue and is adjusting its bee sourcing strategy for future seasons.

Ashley Services Group reported a 60% jump in net profit for FY25 despite a 7.3% revenue decline, focusing on debt reduction and operational efficiency to fuel future growth.

Ashley Services Group reported a 7.3% revenue decline to $515.9 million in FY25 but achieved a 60.9% rise in net profit after tax to $2.17 million, driven by operational stabilisation and strategic contract wins.

Lindsay Australia Limited reported a resilient FY25 with revenue up 5.6% to $849.8 million and underlying EBITDA of $81.4 million, despite margin pressures from competitive pricing and rising costs. The company successfully integrated the SRT acquisition, expanding its national refrigerated logistics network.

Lindsay Australia Limited reported a 5.6% revenue increase to A$849.8 million for FY25 but saw net profit after tax fall 36.2% to A$17.39 million. The company declared a fully franked final dividend of 1.5 cents per share and strengthened its national refrigerated logistics footprint through key acquisitions.

Duxton Farms has received Foreign Investment Review Board approval for its strategic merger and updated its timetable for key shareholder and court approvals, alongside a $4.55 million capital raise.

Lynch Group Holdings has agreed to a $2.245 per share cash acquisition by Hasfarm, offering shareholders a 34.3% premium and securing board and major shareholder support. The scheme awaits shareholder and court approvals, with a final dividend declared ahead of completion.

Skin Elements Limited advances its proprietary SE Formula biotechnology with ECO-Nurture poised for commercial rollout in 2026, alongside progress in disinfectant and sunscreen product lines.

Duxton Farms Ltd is set to transform its agricultural portfolio through a strategic merger with four private companies, alongside a $4 million placement and a special dividend, aiming to boost scale and diversification.

Nanollose has successfully placed the $1.05 million shortfall from its recent entitlement offer, bolstering its capital to advance production and commercialisation of its innovative biomaterials.

Skin Elements Limited advances its natural biotechnology products with ECO-Nurture trials concluding and SuprCuvr disinfectant gaining traction, supported by a successful $656k capital raise.

Nanollose Limited has achieved a significant milestone by blending its Nullarbor-20™ sustainable fibre with Australian merino wool to produce pilot blankets, while also completing a $672,000 placement to fund ongoing commercialisation efforts.