Bega Group reports strong profit, revenue growth in first half of 2025

AUSTRALIA – The Bega Group, which includes the well-known Bega Cheese brand, has reported a significant increase in profit and revenue for the first half of the financial year. 

According to the company, revenue hit US$1.8 billion over the six-month period, marking a 3% rise compared to the same time last year. 

Statutory earnings also soared to US$109 million, a sharp improvement from the US$23 million recorded in the previous year, highlighting a robust performance for the Australian food and beverage giant.

The financial upturn comes amid strategic moves by the company, including the sale of its Leeton juice extraction plant to Grove Juice. 

A report by Bega Group confirmed that the new owners have committed to processing fruit on behalf of the group, ensuring continuity in its operations. 

This transaction has contributed to the overall financial results, supporting the company’s growth trajectory. 

Despite challenges such as lower consumer spending and a trend of down-trading across sales channels, the branded segment of the business saw profitability rise by 8%, a development welcomed by Bega’s leadership.

“We are pleased with the steady growth in our branded products, which continue to perform well despite tough market conditions.” 

The company also emphasized its success in managing finances, noting a reduced debt load as of December 2024 compared to the previous year. 

This improvement provides a stronger foundation for future investments and operational stability.

Looking ahead, Bega Group has reaffirmed its target of achieving earnings before interest, tax, and depreciation of between US$190 million and US$200 million for the full financial year.

Analysts suggest that the group’s focus on branded goods and operational efficiency has positioned it well in a competitive market.

“We remain committed to delivering value to our customers and shareholders,” a senior executive from Bega stated during a recent briefing. 

The positive results have been attributed to strong demand for Bega’s core products, including its iconic cheese offerings, as well as effective cost management. 

Reported by industry observers, the company’s performance stands out at a time when many firms face economic pressures.