Inghams Group Maintains Fiscal Year 2026 Guidance Amid Cost Pressures

MT Newswires Live

May 11

Inghams Group (ASX:ING) reaffirmed its fiscal 2026 guidance for underlying earnings before interest, taxes, depreciation, and amortization of AU$180 million to AU$200 million, according to a Monday filing with the Australian bourse.

The Middle East conflict has caused material increases in key cost categories, and the poultry products producer expects higher observed feed costs in the fiscal year 2027, per the filing.

The company said it expects a fiscal year 2026 net impact of AU$7 million to AU$10 million from higher diesel fuel costs flowing through via fuel levies from its transport providers.

"Packaging cost increases are beginning to emerge, and we are implementing mitigation strategies to manage these to the fullest extent possible," Inghams Group said.

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