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The latest update is out from Select Harvests ( (AU:SHV) ).
Select Harvests reported a significant financial turnaround for FY2025 with a net profit after tax of $31.8 million, a substantial increase from the previous year. The company achieved this despite a lower almond crop, benefiting from a favorable almond price and strategic initiatives in processing and sales. The reduction in net debt and improvements in safety performance further underscore the company’s strengthened position. Challenges such as climatic conditions affecting bee availability were managed effectively, and the company continues to focus on expanding its processing capacity.
The most recent analyst rating on (AU:SHV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.
More about Select Harvests
Select Harvests is a company operating in the agriculture industry, primarily focusing on the production and processing of almonds. The company is involved in horticulture, processing, and sales, with a strategic emphasis on increasing almond volumes, enhancing processing efficiency, and maximizing crop returns.
Average Trading Volume: 332,054
Technical Sentiment Signal: Sell
Current Market Cap: A$551.4M
For detailed information about SHV stock, go to TipRanks’ Stock Analysis page.