Australia's Inghams annual profit falls on weak volumes; shares hit 2-year low

Inghams

22/08/2025 03:42

Corrects media packaging code

Aug 22 (Reuters) - Australia's Inghams Group ING.AX posted an 11.5% fall in full-year profit on Friday due to lower core poultry volumes that hurt revenues, sending its shares to a more than two-year low.

The poultry producer reported A$89.8 million ($57.68 million) in profit attributable for the year ended June 30, down from A$101.5 million reported a year ago.

($1 = 1.5569 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru; Editing by Rashmi Aich)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))