Allied Farmers Limited (NS) Analysis

Overview

Allied Farmers Limited and its subsidiaries NZ Farmers Livestock Ltd, Farmers Meat Export Ltd and NZ Farmers Livestock Finance Ltd are a rural services group, with its predominant activities comprising the sale of livestock agency services, the procurement and processing of calves, and the provision of livestock financing.

Performance

The following information was extracted from Allied Farmers Limited's half year report, released on 28 February 2025:

HALF YEAR 2025 REPORT

The Directors of Allied Farmers Limited (ALF.NZX) report an unaudited consolidated net profit before tax (NPBT) of $2.486 million for the six months ended 31 December 2024. This is 27.81% higher than NPBT of $1.9 million for the six months ended 31 December 2023.

The following table summarises consolidated NPBT over the previous interim periods from Allied Farmers’ investments and Parent Company Operations:

Profit attributable to Allied Farmers’s shareholders reflecting its 67.7% ownership of NZFL and 100% of NZRLM

The HY25 after tax profit attributable to Allied Farmers’ shareholders was $1.884 million (HY24 $1.423 million). Earnings per share (EPS) for HY25 was $0.0654 (HY24 $0.0494).