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Highlights

  • GNC reported a 21.0% YoY revenue growth in 1HFY25 to AUD 4,092.2 million.
  • An on-market buyback of 81,913 Class A ordinary shares was announced.
  • GNC raised FY25 earnings guidance, expecting EBITDA of AUD 285–325 million and NPAT of AUD 65–95 million.

GrainCorp Ltd (ASX:GNC) is an ASX-listed company operating through two segments - Agribusiness and Nutrition & Energy.

In the first half of the financial year 2025 (1HFY25), GNC reported revenue of AUD 4,092.2 million, up 21.0% YoY from AUD 3,382.9 million, supported by sales growth across both the Agribusiness and Nutrition & Energy segments. During the reported period, underlying EBITDA rose to AUD 202 million from AUD 164 million in 1HFY24. Meanwhile, net profit after tax (NPAT) increased by 17.1% YoY to AUD 58.1 million, compared to AUD 49.6 million in the previous corresponding period.

Business Update

As of 1 August 2025, the company announced the on-market buyback of 81,913 fully paid Class A ordinary shares.

Company Outlook

The company upgraded its FY25 guidance, forecasting underlying EBITDA of AUD 285–325 million and underlying NPAT of AUD 65–95 million. This revision in guidance is driven by a disciplined strategy, agile operations, and favourable summer rainfall in Queensland and Northern NSW—factors that enhance the potential for an above-average winter crop.

Growth Prospects for Consumer Discretionary stocks

According to data released by the Australian Bureau of Statistics (ABS) on 31 July 2025, Australia's retail turnover rose by 1.2% in June 2025, continuing the upward momentum from May’s 0.5% increase and following a flat performance in April. The rise was fuelled by increased non-food spending. All retail categories recorded improvements, with household goods retailing rising by 2.3% and other retailing categories seeing a 1.9% increase.

Retail gains were particularly notable in department stores, which saw a 1.9% increase. The positive performance indicates a potential recovery in discretionary spending, signalling a favourable outlook for Consumer Discretionary stocks.

Share performance of GNC

GNC shares declined by 0.67% to close at AUD 7.430. Over the past week, the stock has fallen by 0.93%, and it's down 3.38% over the past month. However, GNC gained 12.66% over the last three months and edged up 1.15% over six months. The 52-week high stands at AUD 9.048, reached on 7 October 2024, while the 52-week low is AUD 6.259, recorded on 7 April 2025.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 04 August 2025. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.