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The latest announcement is out from Food Revolution Group Ltd. ( (AU:SPG) ).
SPC Global reported continued improvement in group net sales revenue and normalised EBITDA for the March quarter, keeping it on track to deliver a forecast 25% increase in FY26 earnings versus the prior year. The company highlighted double-digit supply chain efficiency gains, tighter cash and debt management, and more than $16 million in synergy benefits expected across FY26 and FY27, alongside cost savings from closing its Mill Park facility and consolidating beverage production in Shepparton and Griffith.
Domestically, branded beverage sales rose 11% year-on-year, driven by nearly 40% growth in Juice Lab Wellness Shots and a shift toward higher-margin functional drinks and on-the-go formats, with new petrol, convenience and institutional catering distribution set to support further gains. Internationally, SPC Global advanced its strategy toward higher-margin dairy and plant-based products, completing trials for children’s oat milk, preparing to launch hypoallergenic infant and children’s formula in China and securing export business with Beingmate, reinforcing its position in key Asian growth markets.
The most recent analyst rating on (AU:SPG) stock is a Buy with a A$0.85 price target. To see the full list of analyst forecasts on Food Revolution Group Ltd. stock, see the AU:SPG Stock Forecast page.
More about Food Revolution Group Ltd.
SPC Global Holdings Limited is a leading Australian food and beverage manufacturer, with a growing focus on branded, higher-margin products in both domestic and international markets. The group’s portfolio spans beverages, functional wellness shots, plant-based dairy alternatives and infant nutrition, targeting retail, petrol and convenience, food service and export channels.
Average Trading Volume: 89,806
Technical Sentiment Signal: Sell
Current Market Cap: A$56.11M
For an in-depth examination of SPG stock, go to TipRanks’ Overview page.