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Ridley Corp. gave exec 1.5M share options, reported 8.7% profit gain, and is integrating fertiliser unit.
Ridley Corporation, Australia’s top agribusiness after acquiring Incitec Pivot Fertilisers, awarded managing director Quinton Hildebrand nearly 1.5 million share options as part of a retention plan.
The integration of the fertiliser business is on track, with operations performing in line with expectations.
Ridley reported an 8.7% profit rise to $43.3 million, driven by strong feed and pet food sales.
The company is streamlining the former fertiliser unit into a distribution model, aligning systems and focusing on customer-driven growth.
While modest earnings growth is expected in 2025–26, margin pressure is anticipated in ingredients recovery due to lower livestock slaughter.
Ridley remains cautious on aquafeed investment, exiting extruded production but advancing its NovacqPro product.
Leadership emphasizes operational efficiency, financial discipline, and building an integrated agricultural ecosystem.
Ridley Corp. le dio al ejecutivo 1,5 millones de opciones de acciones, reportó una ganancia del 8,7% y está integrando la unidad de fertilizantes.