Highlights

  • T&G Global has upgraded FY25 Profit Before Income Tax guidance to NZD 20.0–23.0 million, compared with a FY24 loss of NZD (6.83) million.
  • Improved performance across Apples, VentureFruit, and T&G Fresh divisions has contributed to the revised earnings outlook.
  • Shares of TGG have risen 69.33% over the past year and 22.67% year-to-date, trading at NZD 2.76 on 13 February 2026.

T&G Global Limited (NZX:TGG) has upgraded its FY25 earnings guidance, signalling a potential turnaround after reporting a loss in FY24. The company now expects Group Profit Before Income Tax to range between NZD 20.0 million and NZD 23.0 million, compared with a NZD (6.83) million loss in the prior year. The update has prompted market attention as investors assess whether the produce exporter can convert last year’s losses into profitability in FY25.

As of 13 February 2026, T&G Global shares were trading at NZD 2.76, up 0.73% on the day, and showing gains of 69.33% over the past year and 22.67% year-to-date.

Guidance Raised for FY25

In a market update dated 13 February 2026, the Board announced an increase in its FY25 earnings forecast. This follows a previous guidance issued on 21 January 2026, when the company projected Profit Before Income Tax between NZD 16.0 million and NZD 20.0 million.

The upgraded forecast now lifts expectations to NZD 20.0–23.0 million, marking a notable shift from FY24’s loss position. The audited full-year FY25 results are scheduled for release on 27 February 2026.

Divisional Performance Drives Outlook

As per 21 January 2026 update, the improved forecast is attributed to operational performance across the company’s three core divisions: Apples, VentureFruit, and T&G Fresh.

The Apples division recorded improved profitability across its supply chain, supported by global consumer demand for its premium ENVY and JAZZ apple brands. Volume growth projections for 2026 remain in focus.

VentureFruit, the group’s plant variety commercialisation business, benefited from apple sales momentum and expansion in the blueberry category.

T&G Fresh reported a materially improved result compared to FY24, driven by business transformation initiatives and growth in categories including stonefruit and berries.

Market Response and Share Performance

T&G Global’s share price has shown upward movement over the past year. Trading at NZD 2.76 on 13 February 2026, the stock has gained more than 69% over 12 months.

The upcoming FY25 results announcement on 27 February will provide further clarity on earnings delivery and whether the upgraded guidance translates into audited profitability.

T&G Global’s revised earnings guidance places the company on track to move from a FY24 loss to a projected FY25 profit. With audited results due later this month, the market will be watching closely to determine whether the forecasted turnaround materialises and establishes a new earnings base for the company.

Frequently Asked Questions (FAQ)

Q1: What is T&G Global’s updated FY25 earnings guidance?
A: The company now expects Profit Before Income Tax between NZD 20.0 million and NZD 23.0 million.

Q2: What was T&G Global’s FY24 result?
A: The company reported a NZD (6.83) million loss before income tax in FY24.

Q3: When will the FY25 audited results be released?
A: The audited FY25 full-year results are expected on 27 February 2026.