Key Highlights

  • Select Harvests Ltd shares rose 5.73% to AUD 4.80 on 2 September 2026.
  • The company’s Market Capitalisation was AUD 678.6mn, with a one-year share performance of 28.00%.
  • Select Harvests reported underlying NPAT of AUD 29.

Select Harvests Ltd (ASX: SHV) is back in focus after its shares gained 5.73% to AUD 4.80 on 2 September 2026. The company had a market capitalisation of AUD 678.6mn and a one-year share-price performance of 28.00%. The latest move comes as investors assess recent operating developments and the milestones shaping its next phase.

A Leading Australian Almond Producer

Select Harvests is an Australian food company with an integrated almond Business spanning orchards, processing, packing, Marketing and branded products. Its operations include the Lucky Brand and a significant almond growing portfolio, giving the company exposure to both agricultural production and consumer food markets.

Half-Year Profitability Improved

Select Harvests reported underlying NPAT of AUD 29.1mn for the half year ended 31 March 2026, an increase of 32.9% on the prior corresponding period. The company’s FY2025 result had also shown NPAT of AUD 31.8mn, while Debt had been reduced to AUD 79.1mn at year end. These figures point to an improving financial position compared with earlier periods.

The Almond Cycle Remains Important

Crop yields, almond prices, water availability and orchard productivity remain central to the company’s performance. Select Harvests also operates consumer-facing food brands, providing an additional route to value beyond raw agricultural production. Its integrated model allows the company to participate across multiple stages of the almond Supply chain.

Shares Extend Their Positive Run

Select Harvests traded at AUD 4.80 on 2 September 2026, up 5.73%. The company’s market capitalisation was AUD 678.6mn and its one-year performance was 28.00%. The latest rise adds to an already positive twelve-month trend and places SHV among the larger consumer names in this group.

What Could Drive the Next Phase

Investors may watch almond crop performance, pricing, branded-product demand, cost control and capital allocation. The company’s recent Earnings improvement and lower debt position provide important context, while the agricultural cycle remains a key variable in future results.

A Measured View on Risk

Select Harvests remains exposed to agricultural conditions, including crop yields, water, weather and Commodity pricing. Consumer Demand and input costs can also affect margins. These factors are part of the normal operating environment for an integrated food and agricultural business and will remain relevant as the company progresses through the next crop cycle.