Rural Business Group PGG Wrightson's Full Year Profit Surges by Nearly 50 Percent

PGG Wrightson profit surges by nearly 50 percent

PGG Wrightson profit surges by nearly 50 percent

PGG Wrightson profit rises 46% on record $1.1b turnover

Farm services group PGG Wrightson has cashed in on a strong agriculture sector with a 46% lift in net profit to $15.6 million over the June year. Operating...

Rural business group PGG Wrightson's full year profit surges by nearly 50 percent

Rural business group PGG Wrightson's full year profit surged by nearly 50 percent on the back of strong agricultural prices and farming sector activity as it cracked the billion-dollar revenue level for the first time in six years.

PGG Wrightson surfs wave of rural returns

Reading Time: 2 minutes PGG Wrightson has posted a strong set of financial results for FY2026, including revenue of over $1 billion for the first time since its seeds division was sold in 2019. Operating revenue was up $99 million or 10% to $1.1bn, when compared with FY2025. Operating earnings before interest, tax, depreciation and amortisation were $64.3m, up $8.2m or 15%. Net profit after tax was $15.5m, up $4.9m or 46%. Cashflow from operatin…