Sanford has reported an improved full-year result for the financial year 2024.
Revenue increased by 5% to $582.9 million, while adjusted ebit reached a record $74.2m, up 50% from the previous year.
The company's ebit was $54.3m, a 75% increase, and net profit after tax was $19.7m, up 96%.
The improved net profit was achieved after incurring $19.9m of adjustments and a non-cash tax expense.
Sanford's operating cashflow also reached a record $73m, up 78%.
The company's net debt decreased by 5% to $185.5m.
A final dividend of 5 cents per share was declared, bringing the full-year dividend to 10 cents per share.
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