Tag: ASX:ING

Inghams Group : Add to watchlist and wait for the price action to cross above the 10-day average.

Inghams Group FY25 after-tax profits fell 10% and the business is focusing on cost cuts following the loss of Woolworths volume.

Outlook: FY26 Underlying EBITDA (pre AASB 16) expected between $215.0M and $230.0M. Earnings profile expected to be significantly weighted to 2H26, reflecting lower FY25 exit run rate and timing of benefits from operational reset.

We rate Inghams as a buy and see value at the current price level.

CHALLENGING SECOND HALF CONDITIONS
FY25 Results Presentation | 22 August 2025
Australia (AU) – Challenging demand environment with operational disruptions
▪Replaced majority of lost Woolworths volume, albeit with shift to a lower-margin mix reflected in 2H25 run-rate
▪Retail and out-of-home demand subdued, with cost-of-living pressures dampening Retail category volumes during 4Q25
▪Significant Wholesale pricing pressure reduced FY25 margins
▪Net 2H25 impact: Softer demand and margin pressure from Wholesale/new business pricing and mix; lower Retail and higher Wholesale volumes in 2H25, partly offset by operational efficiencies

Inghams Group

Inghams Group : Add to watchlist and wait for a break above the 10-day average.

Inghams Group will likely find buying support within the $2.75 – $2.95 price range.

Inghams Group will likely find buying support within the $2.75 – $2.95 price range.

Inghams Group is rated a buy with a stop loss at $3.43.

Inghams Group is under Algo Engine buy conditions.

Inghams Group is now under Algo Engine buy conditions following recent signals within the $3.10 to $3.30 price range.

The rally in the share price on Friday was the result of the company upgrading FY21 guidance to EBITDA 203-$213m (statutory $438-448m) and NPAT to be $96-103m.

We have ING trading on a forward yield of 5% and we expect to see mid-single-digit EPS growth over the next 2 – 3 years.