Pamu Farms of New Zealand Reports Record Financial Year
Pamu Farms of New Zealand has reported a significant improvement in its financial performance, with a Net Operating Profit (NOP) of $49 million for the 12 months to 30 June 2025, a 145% increase over the previous year. The company also declared a $15 million dividend for FY26. The strong financial results are attributed to a combination of factors, including smart farm management, strong global demand for commodities, and a focus on operational excellence.
Key Takeaways:
- The company reported a Net Operating Profit (NOP) of $49 million for the 12 months to 30 June 2025, a 145% increase over the previous year.
- The company declared a $15 million dividend for FY26, to be paid in FY27.
- The dividend represents a significant improvement over the previous year, when the company reported a net loss of $41 million.
- Net Profit after Tax (NPAT) for the year ended 30 June 2025 was $120 million, a 561.5% increase over the previous year, primarily driven by a fair value gain on biological assets.
- Income increased by 23.4% to $348 million, with livestock revenue and milk revenue contributing to the growth.
- The company is targeting a 5% increase in milk production and an 8.4% rise in red meat production (excluding wool and velvet) for FY26.
Statistics:
- Net Operating Profit (NOP): $49 million (up 145% from the previous year)
- Net Profit After Tax (NPAT): $120 million (up 561.5% from the previous year)
- Income: $348 million (up 23.4% from the previous year)
- Livestock revenue: $139 million (up $36 million from the previous year)
- Milk revenue: $152 million (up $32 million from the previous year)
- Pamu is forecasting a full-year Net Operating Profit for the FY26 financial year in the range of $69 million to $79 million.
Sources:
- Pamu Farms of New Zealand (FY25 Financial Highlights)
- Pamu Chief Executive, Mark Leslie (press release)