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Sanford (SAN)•HY26•Released 14 May 2026Record NPAT up 24.7% but operating cash collapsed 72.4%A $28.5m inventory build and a $9.1m capex cut delivered the deleveraging story while draining nearly all of the earnings improvement from cash.Published 14 May 2026Read briefing→
Sanford (SAN)•FY25•Released 18 November 2025PBT up 140.6% on flat revenue with gross borrowings cut to $105.0mOperating recovery is real but NPAT growth of 223.4% is amplified by an effective tax rate that fell from 47.4% to 29.2%.Published 29 April 2026Read briefing→