News

SPC records profit

By Geoff Adams

Aug 28, 2026

SPC Global has reported a profit for the last financial year. Photo by Holly Curtis

SPC Global has reported an increased annual profit result and a new international distribution partnership.

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In announcements to the Australian Stock Exchange for the 2025-26 financial year, the Shepparton-based food processor, recorded earnings before interest, taxation and depreciation of $38.5 million, which was up 27 per cent on the previous financial year.

Managing director Robert Iervasi said the result reflected the continued shift towards higher-margin branded products, stronger channel mix and disciplined operational execution.

The group also reduced debt to $85 million, through the completion of a $100 million equity raising.

Mr Iervasi said 2025-26 marked an important turning point for the business.

“FY26 was the year we moved from integration to performance, from strategy to delivery, and from ambition to a stronger, more credible platform for sustained growth,” he said.

The transfer of a juice production line from Melbourne suburb Mill Park to Shepparton is expected to be completed by October.

The company has signed a memorandum of understanding with businessman Professor Khalil Shahin for a distribution platform into Persian Gulf markets, including the United Arab Emirates and Saudi Arabia.

Prof Shahin is a Australian businessman, philanthropist and managing director of Peregrine Corporation, one of Australia’s largest privately owned companies.

SPC’s normalised loss after tax was $11.6 million.