ING 0.26% $3.87 inghams group limited

Ann: FY2024 Interim Results Presentation, page-2

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    From 'The Australian' online Friday 16 February 2024:

    Inghams sinks nearly 11pc

    Shares in poultry producer Inghams have slumped nearly 11 per cent in opening trade to $3.86 despite its strong results and lift in dividends as investors digest its mixed outlook.

    The group's half-year profit jumped 268.6 per cent $63.4m as sales for the half rose 8.7 per cent to $1.6bn as more Aussies opted for chicken over red meat in the current inflationary environment.

    UBS analysts said it was a strong result, but the focus will be on the sustainability of the record profitability per kg, earnings skew in the second half and the potential feed-cost tailwind in FY25.


 
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Last
$3.87
Change
-0.010(0.26%)
Mkt cap ! $1.438B
Open High Low Value Volume
$3.88 $3.90 $3.86 $1.598M 412.7K

Buyers (Bids)

No. Vol. Price($)
4 15381 $3.86
 

Sellers (Offers)

Price($) Vol. No.
$3.88 3204 2
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
$3.87
  Change
-0.010 ( 0.60 %)
Open High Low Volume
$3.89 $3.90 $3.86 109761
Last updated 16.00pm 15/05/2024 ?
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