Select Harvests Limited (SHV) Earnings Call Transcripts

Select Harvests Limited's Latest Earnings Call - May 28, 2026

In the first half of fiscal year 2026, Select Harvests Limited (SHV:AU) reported a significant turnaround with an underlying NPAT of $29.1 million, reflecting a 33% increase year-over-year. Revenue growth was driven by a strong crop performance and improved pricing strategies, with management indicating confidence in continued profitability despite inflationary pressures. The company announced an interim fully franked dividend of $0.035 per share and a share buyback of up to 10% of its issued capital, signaling a commitment to returning value to shareholders. Management expects the second half to benefit from external grower volumes and value-added sales, suggesting further earnings growth ahead.

Reported metrics

Guidance from management

Management expects a significant increase in second half earnings compared to 2025, driven by external grower volumes and value-added sales. They maintain a positive outlook for pricing and profitability despite ongoing cost pressures.

What management said

So let me just -- you're spot on in terms of the wet harvest costs. All things being equal, we wouldn't expect those to occur. That's all obviously subject to the weather in 2027. In terms of the annualization, not -- I wouldn't expect any further incremental increase based on an annualization. It's not necessarily first half, second half weighted. So all our crop-growing costs are essentially incurred in that firs...

Yes, it's a good point. We don't -- as you know, we don't specifically break out the various bits of our profit stream in that level of detail, but to try and give you some there. Clearly, our volume will be increased because our processing volumes increased. And the value of whole continues to trade at pretty high levels over the last few years. And a quick Google so it should probably give you a good sense of what ...

What analysts pressed on

Analysts expressed concerns regarding the impact of wet weather on crop yield and quality, as well as the wide range in crop size forecasts. There were also inquiries about the sustainability of cost advantages relative to competitors, particularly in California.

Main topics on the call

• Strong Profit Growth — Select Harvests achieved an underlying NPAT of $29.1 million for H1 2026, a 33% increase compared to the previous year. CEO David Surveyor stated, "We expect the full year underlying and reported NPAT will be another sub...
• Dividend and Share Buyback — The company declared an interim fully franked dividend of $0.035 per share and announced a share buyback of up to 10% of issued capital. This reflects management's confidence in the company's valuation and commitment to ...
• Crop Performance and Pricing — Select Harvests forecasted a crop size of 29,500 tonnes, with 46% of the crop already contracted. Management indicated a positive pricing outlook, stating, "We will see prices continue an upward trajectory over time."
• Cost Pressures and Management Response — Total production costs increased to $7.33 per kilogram due to inflationary pressures and one-off costs from wet weather. Management is implementing cost-saving initiatives, with a goal to identify an additional $10 milli...

Read the full Select Harvests Limited transcript (May 28, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 Select Harvests Limited earnings call transcripts on record, spanning May 24, 2020 to May 28, 2026. Based on this history, Select Harvests Limited reports semi-annually. The most recent call on file is dated May 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SHV

Exchange

ASX

Country

AU

Sector

Consumer Staples

Industry

Food Products

Calls on record

16

First call

May 24, 2020

Most recent

May 28, 2026

Reporting cadence

semi-annually