FY 2025 Earnings Guidance Update

MARKET UPDATE

21 January 2026

FY 2025 Earnings Guidance Update


The Board of Directors of T&G Global Limited advises that Group Profit for the 2025 financial year is
forecast to be a Profit Before Income Tax between $16.0 - $20.0 million, compared with the 2024 Loss
Before Income Tax of ($6.83) million.
This result reflects improved performance across the Group’s three main operating divisions as follows:
- Apples, supported by strong consumer demand globally for T&G’s premium ENVY
TM
and JAZZ
TM

apple brands, achieved improved profitability right across the supply chain, providing a robust
platform for the projected volume growth in 2026 and beyond;
- VentureFruit, T&G’s global plant variety commercialisation and management business, benefited
from the excellent sales performance of the Apples business, as well as growth in the blueberry
category;
- T&G Fresh achieved a materially improved result compared to 2024, due to a variety of business
transformational initiatives and growth in key categories, particularly stonefruit and berries.
The audited 2025 full year results are expected to be released to the market on 27 February 2026.

Gareth Edgecombe
Chief Executive Officer
For and on behalf of the Board of Directors



For further information, please contact:
Adrienne Sharp
Head of Corporate Affairs
Ph +64 (0)27 801 5534
adrienne.sharp@tandg.global



About T&G Global
T&G Global’s story began more than 125 years ago as Turners and Growers, and today the business
helps grow healthier futures for people around the world. As a part of the BayWa Global Produce family,
T&G is located in 13 countries and its team of 1,800 people both grow and partner with over 700 growers
to market, sell and distribute nutritious fresh produce to customers and consumers in over 55 countries.
It does this guided by kaitiakitanga – treating the land, people, produce, resources, and community with
the greatest of respect and care, as guardians of their future. www.tandg.global