SPC Global Holdings has reported solid results and outlook for FY25, underpinned by the strong performance of its wellness business and double-digit sales growth of the Ardmona tomato division.
The company posted net revenue of $376.2 million, including $197.9 million in the first half of the year and $178.3 million in the second half of the year, with the Nature One business delivering 13.5 per cent of the total revenue.
The group’s consolidated sales follow the merger of SPC, OJC, Nature One Dairy, and Natural Ingredients.
The normalised EBITDA was $30.3 million, largely driven by the wellness category, specifically the strong performance of Nature One, which contributed 44.8 per cent. This figure exceeded the market guidance of $29 million.
In the second half, domestic sales under the new leadership delivered 82 per cent of the company’s normalised EBITDA.
In addition, SPC’s wellness category, particularly in Juice Lab and Original Beverage Co, is exceeding performance expectations, with international operations in New Zealand and Singapore.
Synergies resulting from the integration of the four businesses are anticipated to generate an additional $6.2 million in annual revenue for the new fiscal year.
The group is partnering with three new emerging brands, Posca Hydrate, Naked Life and Eclectic Group, to support the company’s growth under SPC’s ‘better-for-you’ drinks distribution network.
