TasFoods Cuts Costs as Mainland Poultry Glut Hits Q4 Revenue

TasFoods Limited ( (AU:TFL) ) has provided an update.

TasFoods has reported a difficult fourth quarter of 2025, marked by the completion of the sale of its Pyengana Dairy business and continued pressure on its Nichols Poultry operations from oversupplied, discounted mainland poultry flooding the Tasmanian market. Group revenue fell 9.6% to $9.8 million, with poultry revenue down 9% on an 11.4% drop in volumes, as the company chose to exit unprofitable SKUs and channels rather than match heavy discounting. While indirect and corporate costs were cut by 10.6% and 3% respectively and Nichols Poultry moved to directly manage 70% of its broiler network to strengthen its supply chain, TasFoods ended the quarter with a $0.3 million overdraft (backed by a $1.5 million working capital facility) and net operating cash outflows of $0.7 million. Management notes some improvement in poultry pricing and demand over the festive season but expects competitive and margin‑constrained trading conditions to persist through 2026, underscoring the importance of ongoing capital management and strategic review of the poultry business to protect shareholder returns.

The most recent analyst rating on (AU:TFL) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on TasFoods Limited stock, see the AU:TFL Stock Forecast page.

More about TasFoods Limited

TasFoods Limited is an Australian food and agribusiness company focused on the Tasmanian market, with operations currently centred on its Nichols Poultry division following the sale of its Pyengana Dairy business. The company supplies poultry products into local retail, food service and distributor channels and has been repositioning its asset base and cost structure to navigate intense competition from mainland suppliers.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.94M

See more data about TFL stock on TipRanks’ Stock Analysis page.