Highlights

  • Elders shares rose 2.89% to AUD 6.41 on 5 November, reaching the high of the session.
  • Elders recorded first-half FY26 sales Revenue of AUD 1.77 billion, increasing 32% year-on-year.
  • Underlying EBIT climbed 33% to AUD 76.6 million, supported by seasonal conditions and Delta’s contribution.
  • The agribusiness scheduled its FY26 results announcement for 16 November following its September year-end.

Elders Limited (ASX:ELD) rose 2.89% to AUD 6.41 on 5 November 2026, as attention turned toward its scheduled full-year results. The agricultural services group entered the second half of FY26 after reporting higher revenue and earnings, supported by the addition of Delta Agribusiness and activity across regional markets. The stock traded between AUD 6.26 and AUD 6.41 during the session.

Delta Expands the Agricultural Services Network

Elders recorded sales revenue of AUD 1.77 billion for the six months ended 31 March 2026, a 32% increase from the comparable half-year. The company reported that the initial contribution from Delta Agribusiness helped extend the geographic breadth of its operations.

The Acquisition and integration programme forms part of a wider Business that supplies agricultural products, services and advice to farming customers. Elders described integration work as continuing through the first half, with synergy benefits expected to build over the following periods rather than being fully achieved at the reporting date.

Earnings Growth Accompanies Operational Changes

Underlying Earnings before interest and tax increased 33% to AUD 76.6 million in 1H26. Statutory profit after tax reached AUD 39.5 million. The group declared an interim fully Franked Dividend of 18 cents per share.

Improved conditions in several cropping and livestock regions supported activity during the reporting period. The company also continued work on systems modernisation and adjustments to its divisional structure, connecting the reported half-year outcome with longer-term operating initiatives.

Leadership Transition Aligns With the New Year

Elders previously announced the appointment of René Dedoncker as chief executive officer, with commencement scheduled for 1 October 2026. Mark Allison was expected to assist the handover. The Leadership transition coincides with the opening of the company's FY27 period after its 30 September year-end.

This change sits alongside the wider Delta integration and business transformation programme. Elders identified cost and operating discipline, improved Customer Service and the progression of synergies as priorities in its half-year outlook. The company's published projections remain expectations until confirmed through subsequent reporting.

Full-Year Reporting Provides the Next Benchmark

Elders scheduled its FY26 full-year results announcement and any proposed final dividend for 16 November 2026. Its investor calendar also lists an Annual General Meeting for 17 December. Any final dividend remains subject to board approval.

On 5 November, 876,915 Elders shares traded, with the price reaching AUD 6.41 and reported Market Capitalisation of AUD 1.38 billion. Its reported one-year price change stood at negative 5.04%. The upcoming results will place the completed financial year alongside the Delta integration and operational priorities set out earlier in 2026.