NZ Agri-Insights

Unlisted co-op

Ravensdown

co-op · Fertiliser · FY-end 05-31

The other major farmer-owned fertiliser co-op, alongside Ballance. Not listed. Annual report to shareholders is the source for rebate and manufacturing. FY25 (year to 31 May) had no rebate; impairments on Dunedin manufacturing, lime assets and C-Dax turned an operating profit into a statutory loss.

Cadence
Annual
Last reported
FY26 · 3 Aug 2026
Next window (est.)
Annual · late Aug 2027

Latest numbers · FY26

First rebate since FY22 — $15/t on qualifying solid NPKS tonnes ($14.0m). NPAT is after rebate.

Revenue
$917m
NPAT
$30.0m
NPBT
$50.1m
Rebate
$14.0m

History

NPAT
$2.8mFY24−$5.4mFY25$30.0mFY26

Reports & sources

  • FY26 · Annual

    Announced 3 Aug 2026 · period ended 31 May 2026

    First rebate since FY22 — $15/t on qualifying solid NPKS tonnes ($14.0m). NPAT is after rebate.

    Revenue $917m · NPBT $50.1m · NPAT $30.0m · Rebate $14.0m

  • FY25 · Annual

    Announced 24 Jul 2025 · period ended 31 May 2025

    Operating profit before impairments $13m. No shareholder rebate. Continuing NPAT −$5.4m after $10.3m impairments.

    Revenue $764m · NPAT −$5.4m

  • FY24 · Annual

    Announced 25 Jul 2024 · period ended 31 May 2024

    Revenue $757m · NPAT $2.8m