In announcements to the Australian Stock Exchange for the 2025-26 financial year, the Shepparton-based food processor, recorded earnings before interest, taxation and depreciation of $38.5 million, which was up 27 per cent on the previous financial year.
Managing director Robert Iervasi said the result reflected the continued shift towards higher-margin branded products, stronger channel mix and disciplined operational execution.
The group also reduced debt to $85 million, through the completion of a $100 million equity raising.
Mr Iervasi said 2025-26 marked an important turning point for the business.
“FY26 was the year we moved from integration to performance, from strategy to delivery, and from ambition to a stronger, more credible platform for sustained growth,” he said.
The transfer of a juice production line from Melbourne suburb Mill Park to Shepparton is expected to be completed by October.
The company has signed a memorandum of understanding with businessman Professor Khalil Shahin for a distribution platform into Persian Gulf markets, including the United Arab Emirates and Saudi Arabia.
Prof Shahin is a Australian businessman, philanthropist and managing director of Peregrine Corporation, one of Australia’s largest privately owned companies.
SPC’s normalised loss after tax was $11.6 million.
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