Delegat has revised its profit guidance for the year ending June 30, 2025, due to the impact of a 10% tariff on imports imposed by the US.
The company now forecasts global case sales of 3.18 million cases for the 2025 financial year, a 5% decrease from previous guidance and a 12% decline from the previous year.
As a result, Delegat has adjusted its operating net profit after tax guidance range to $47m-$50m, compared to the previous range of $55m-$60m.
The company said the introduction of the tariff has created significant uncertainty among its US distributors regarding forward shipments for the fourth quarter.
However, it emphasised that its Oyster Bay brand continues to hold a leadership position in the US market and has a strong network of distributors.
Delegat Group said it will continue to engage with its distributors to confirm forward trading plans.
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