Bridge Street Bites: AAC, KMD
Positive spins from the country’s biggest beef operator and the erstwhile Kathmandu, with both ending higher in Thursday's trading session.
Read More
Australian Agricultural Company Limited
Established in 1824, the Australian Agricultural Company (AACo) is Australia’s largest integrated cattle and beef producer, and is the oldest continuously operating company in Australia.
Today, AACo owns and operates a strategic balance of properties, feedlots and farms comprising around 6.4 million hectares of land in Queensland and the Northern Territory. This equates to roughly 1% of Australia’s land mass.
AACo specialises in grain fed beef and Wagyu beef production.
Videos
Videos coming soon for Australian Agricultural Company Limited.
News
Aust Ag Ekes Out Earnings Uptick
No interim dividend for Aust Ag shareholders despite a small improvement in earnings as the company wrung higher returns out of lower sales volumes.
Read More
Aust Ag Loses its Chief but Gains a Friend
Aust Ag lost long time CEO Hugh Killen yesterday, but news also surfaced that Andrew Forrest’s Tatterang Investment Co more than doubled its stake late last week.
Read More
Aust Ag Defies Lower Sales to Post Higher Profit
While meat and cattle sales were lower at Australian Agriculture Co in 2020-21, the beef giant still managed to boost its profit as the price for Wagyu beef rose.
Read More
Aust Ag Beefs Up Profit As Prices Improve
Australian Agricultural Company (AAco), enjoyed a strong lift in its operating profit for the first half of the 2020-21 financial year thanks to better prices for meat sold.
Read More
Aust Ag Joins In On Rural Sector Revival With Return To Profitability
Another turnaround result from the rural sector - after Elders produced a rise in half-year profit and promised more of the same, Australian Agricultural Co has followed up with a solid result for the full year.
Read More
Floods, Drought Push Aust Ag Into The Red
Investors accepted yesterday’s news of big losses from the Australian Agricultural Company (AACo) for the year to March. Thanks to drought and floods the beef and cattle group was hit by $107 million in one-off losses.
Read More
Australian Ag Results Disappoint
Shares in Australian Agricultural Company (AAC) fell 7% yesterday after the company produced weak first-half results.
Read More
Aust Ag Profit Slips
Beef producer the Australian Agricultural Company’s (AAC) half year profit fell 4% to $47.9 million.
Read More
AACo Rides Beef Boom
No dividend again for patient shareholders in Australian Agricultural Company which yesterday revealed it has ridden the beef boom very nicely in the year to March 31.
Read More
