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PGG Wrightson (PGW) briefings

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Showing 1-5 of 5 published briefings.

PGG Wrightson (PGW)•HY26•Released 24 February 2026

PBT up 11.5% but net debt jumped to $170.7m as cash outflow widened

Operating cash outflow worsened 60.8% and leverage stepped to 3.7x EBITDA, yet the board raised the interim dividend 80% to 4.5cps.

Published 20 April 2026

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PGG Wrightson (PGW)•FY25•Released 12 August 2025

EBITDA up 27% but operating cash fell 79% on working-capital build

The agri-sector earnings recovery is real at the operating line, but $23.8m of working-capital absorption pushed cash conversion to 22.1% and lifted

Published 20 April 2026

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PGG Wrightson (PGW)•HY25•Released 25 February 2025

PGW EBITDA up 13% like-for-like as receivable days jump to 100

Headline 65% EBITDA gain and 16.6% revenue decline both reflect a portfolio change, while receivables ballooned $114m and the dividend was cut 64%.

Published 21 April 2026

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PGG Wrightson (PGW)•FY24•Released 13 August 2024

PBT down 78% and the dividend cancelled at PGW

FY24 met the $43m EBITDA guide but H2 NPAT turned negative and the cash rebound was driven by a $17.4m working-capital release.

Published 21 April 2026

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PGG Wrightson (PGW)•HY24•Released 19 January 2024

EBITDA fell 23.5% and interim dividend cut to zero; FY24 guide ~$50m

Cash conversion improved sharply but earnings power weakened, leverage rose to 2.6x net debt/EBITDA, and FY24 guidance trails FY23's $61.2m.

Published 22 April 2026

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