PGG Wrightson Limited Analysis

Overview

PGG Wrightson Limited (PGW) is a market leading, full-service agricultural supplies and services business that has operated across New Zealand’s rural supply chain for nearly 175 years.

PGW is recognised for its enduring relationships with rural communities, technical expertise, and commitment to innovation. Its nationwide footprint and long-standing reputation make it one of the country’s most respected agricultural brands

The company delivers an extensive range of products and services to the rural sector through its Retail & Water and Agency divisions, supported by the technical knowledge and expertise of its people.

• Retail & Water includes a Rural Supplies network of stores focussed on farming inputs and Fruitfed Supplies stores with a horticultural focus with approximately 90 retail operations nationwide and online. PGW Water offers full-service water and irrigation solutions for farms and orchards. Agritrade, PGW’s wholesale business division, manufactures, sells, and distributes products that enhance farmer and grower productivity, as well as providing sales support and supply chain services.
• Agency includes Livestock, Wool, and Real Estate. PGW runs some of New Zealand’s biggest livestock sales through saleyards, auctions, private and on-farm sales, and an online platform. PGW Wool is a broker, logistics provider, exporter, and international marketer for all types of wool. PGW Real Estate is a nationwide non-franchised real estate company servicing all property categories with expertise in the farm, orchard and lifestyle markets across rural New Zealand

Performance

The following information was extracted from PGG Wrightson Limited's Full year results released, 12 August 2025

PGW reports on improved performance

PGG Wrightson Limited (PGW) today announced its results for the financial year ended 30 June 2025.

Key results for the year to 30 June 2025 include:

• Operating Revenue of $975.3 million (up $59.4 million or 6 % on prior financial year)
• Operating EBITDA2 of $56.1 million (up $12.0 million or 27 % on prior financial year)

-Net profit after tax of $10.7 million (up $7.6 million or 248 % on prior financial year)

-Fully imputed final dividend of 4 cents per share, (6.5 cents per share for full year)

PGW Chair, Garry Moore said “We are pleased to report improved results on the prior year, as the agri-sector continued to recover. Operating Revenue was up $59.4 million and Operating EBITDA up $12.0 million on the prior year. We have seen a shift in key markets and have been able to respond positively to that turnaround.

“While the operating environment over the year was more challenging in the retail space, we are pleased to see the business continue to consolidate and grow market share. Our Retail & Water group revenue was up $39.4 million on the prior year, with the performance at an Operating EBITDA level also seeing improvement of $1.1 million or 3 % year-on-year.