Select Page

The latest Ingham’s news

HOW WE ARE LAYING THE SOLID FOUNDATIONS FOR GROWTH

21 February 2020

A solid foundation provides us with a road map that will lead us to better business results. As we approached the closing of the first half of FY2020 last 28 December 2019, Inghams Group Limited announced it has laid solid foundations for delivering consistent profitable growth.

We have begun the financial year with operational and financial challenges as we worked hard to turnaround our Further Processing restructure in Australia to deliver higher volumes and lower costs.

The New Zealand team report that they are on track, having delivered year-on-year growth despite virus containment measures that restricted chicken exports and led to an oversupply in the market.

Demand for core poultry across Australia and New Zealand of 4.1 per cent means strong ongoing consumer demand for healthier food rich in protein. This has a positive flow-on effect to Ingham’s as we work together to deliver increased volumes of chicken and turkey to our customers. This resulted in 4.7 per cent volume growth in Australia and 0.9 per cent growth in New Zealand.

Staying true to our commitment to long-term success, we have invested $40 million for business growth during the six months. This included the following: 

  • A new hatchery project in Queensland, which is world-leading for animal welfare
  • A new chiller equipment in our processing plants in Victoria and Western Australia
  •  new de-boner in New Zealand

Feed is a large cost in our business, and we are paying higher prices due to the ongoing impact of the drought and having to export feed from other states for our facilities in New South Wales and Queensland.

We continue to monitor impacts to the business such as adverse weather and bushfires to ensure we can mitigate any negative impact.

Our bushfire planning process enabled us to protect our people and facilities during the recent bushfire crisis, including evacuation at our facilities in New South Wales and South Australia. Despite some logistical delivery challenges in Western Australia and in the coastal supply chain on the East Coast due to the bushfires, our teams have worked tirelessly to get our product to our customers and to the public.

The company’s long-term outlook will be supported by our continuous improvement teams to drive efficiency in our business and our five-year strategic plan to ensure we are fit for growth.

Ingham’s Managing Director and Chief Executive Officer, Jim Leighton, said, “The company’s results reflect the hard work of the Ingham’s team who take great care in our animals and are committed to providing quality innovative products to our customers and consumers.”

Read More

Ingham’s Extends Supply Agreement With Woolworths.

Sydney (30 May 2017): Inghams Group Limited (ASX: ING), Australia and New Zealand’s leading poultry producer, announced today that it had extended its national agreement as the majority supplier of poultry products to Woolworths supermarkets in Australia until...

read more

Ingham’s Announces New Director

Ingham’s Announces New Director Sydney (16 May 2017): Inghams Group Limited (ING) today announced the appointment of Ms Helen Nash as a non-executive director. Ms Nash is also a non-executive director of Blackmores Limited, Southern Cross Media Limited and Metcash...

read more

Ingham’s Plans for Growth in WA

MEDIA RELEASE   Ingham’s plans for growth in WA Perth (15 May 2017): Inghams Group Limited, Australia’s leading poultry producer, announced today that as part of its national network plan it is expanding its Western Australian operations generating an estimated...

read more

Inghams Group Limited Half Year Financial Results FY2017

ASX ANNOUNCEMENT   15 February 2017 Inghams Group Limited Half Year Financial Results FY2017 Inghams Group Limited (ASX: ING, Ingham’s), Australia and New Zealand’s largest integrated poultry producer today announced its financial results for the half year ending...

read more

Ingham’s marks public milestone

MEDIA RELEASE   Ingham’s marks public milestone After nearly 100 years under private ownership, Australia and New Zealand’s largest vertically integrated poultry business — Ingham’s — today listed its securities on the Australian Stock Exchange (ASX:ING)....

read more

Ingham’s Bolivar plant cleared for operation

MEDIA RELEASE   Ingham’s Bolivar plant cleared for operation Australasian poultry producer Ingham’s confirmed today that an ammonia leak was detected at its Bolivar processing facility at Burton in South Australia this morning at around 1:30am. Primary Processing...

read more

Ingham’s launches Asia Pacific graduate program

MEDIA RELEASE   Ingham’s launches Asia Pacific graduate program Sydney, (19 October 2016): Leading Australasian integrated poultry producer Ingham’s has launched a new Asia Pacific graduate program focussed on leadership opportunities for new graduates. The new...

read more

Linda Bardo Nicholls AO Appointed to Ingham’s Board

MEDIA RELEASE   Linda Bardo Nicholls AO appointed to Ingham’s board Sydney, (15 September 2016): Australasia’s leading poultry producer, Inghams Enterprises Pty Limited, has appointed Linda Nicholls, AO as a Non-Executive Director elect. Linda has more than 30...

read more

Ingham’s NZ takes out supplier award

MEDIA RELEASE   Ingham’s NZ takes out supplier award Ingham’s New Zealand has been named the 2016 Supplier of the Year in the fresh meat and seafood category at Countdown’s Supplier of the Year Awards held in Auckland last night. The company was selected from a...

read more

Ingham’s Foodservice Wins Three in a Row

  MEDIA RELEASE   Ingham’s foodservice wins three in a row Ingham's Enterprises Pty Limited has taken out the National Food Distributors Association’s Supplier of the Year for the third year in a row at the association’s annual awards held on the Gold Coast...

read more