NZ Agri-Insights

USX · USX:SFF

Silver Fern Farms

co-op · Meat · FY-end 12-31

Two entities, easy to mix up. Silver Fern Farms Limited is the meat processor (about $3b revenue) — a 50/50 partnership between the farmer co-op and Shanghai Bright Meat Industry Group. Silver Fern Farms Co-operative Limited is the farmer vehicle; its shares trade on USX as SFF and it equity-accounts its half of the Ltd. USX notices are thin; the co-op annual report and Ltd result commentary are the documents that explain procurement, kill, and China JV dynamics. FY-end is 31 December; typically one annual result around March.

Cadence
Annual
Last reported
FY25 · 31 Mar 2026
Next window (est.)
Annual · late Mar 2027

Latest numbers · FY25

Metrics below are Silver Fern Farms Limited (the processor). Co-op NPAT was $14.2m.

Revenue
$3.0b
NPAT
$29.1m
EBITDA
$114m
Co-op NPAT
$14.2m

History

NPAT
−$24.4mFY23−$21.8mFY24$29.1mFY25

Reports & sources

  • FY25 · Annual

    Announced 31 Mar 2026 · period ended 31 Dec 2025

    Metrics below are Silver Fern Farms Limited (the processor). Co-op NPAT was $14.2m.

    Revenue $3.0b · EBITDA $114m · NPAT $29.1m · Co-op NPAT $14.2m

  • FY24 · Annual

    Announced 31 Mar 2025 · period ended 31 Dec 2024

    Revenue $2.6b · EBITDA $32.7m · NPAT −$21.8m · Co-op NPAT −$10.9m

  • FY23 · Annual

    Announced 28 Mar 2024 · period ended 31 Dec 2023

    Revenue $2.8b · EBITDA $16.4m · NPAT −$24.4m · Co-op NPAT −$10.7m