Duxton Farms Limited’s Q4 FY2026 update highlights robust summer cotton yields at Forbes, ongoing divestment of broadacre assets, and mixed results across horticulture and apiculture. Financially, the company recorded significant operating cash outflows, increased its overdraft facility, and expects to bolster liquidity through property and business sales.
Duxton Farms Limited reported a significant half-year loss driven by acquisition and integration costs following a major portfolio expansion. The company is navigating a strategic shift towards diversified agriculture with plans to stabilise earnings over the coming years.
Duxton Farms proposes to acquire all preference shares of Duxton Bees via a scheme of arrangement, offering 0.839 Duxton Farms shares per Duxton Bees preference share, with up to 20% cash consideration. The independent expert values Duxton Bees preference shares between $0.64 and $0.85 on a control basis and considers the transaction fair and reasonable.