CBH Group delivers strong FY25 results, driven by network investment and grower productivity
15/12/2025
CBH Group has reported a robust adjusted surplus of $208.3 million, powered by a 20.4 million tonne harvest and strong supply chain performance.
In releasing the co-operative’s 2025 Annual Report, CBH Chief Executive Officer Ben Macnamara credited sustained network investment and the productivity of WA growers for the achievement.
“Grower productivity and resilience saw another harvest of over 20 million tonnes delivered into the CBH network,” Mr Macnamara said.
“The CBH team rose to the task of safely receiving and outturning the crop, which marked our third-largest crop on record.
“This achievement reflects strong planning and operational performance, and sustained investment in the network.”
Of the Group surplus, Operations contributed $201.2 million, reflecting increased receivals and ongoing efficiency gains made across the supply chain.
“Our Operations team set a new daily receival record of 631,000 tonnes and outturned over 2 million tonnes in a single month - twice,” Mr Macnamara said.
“Marketing & Trading faced tough trading conditions, posting a $14.6 million loss however paid $4.2 billion to growers throughout the year in line with its purpose of driving a competitive price market for growers.”
In its tenth year of operation, CBH Fertiliser outturned a record 297,000 tonnes and continued to deliver on its strategic commitment to drive competitive fertiliser prices for WA grain growers.
In line with its Path to 2033 Strategy, CBH invested $590 million into the network, including $339 million to upgrade country sites and ports, and $171 million on sustaining capital.
“More than 500 of our new custom-built wagons have been delivered, with the remaining 150 wagons arriving in the new year,” Mr Macnamara said.
“We also completed the rapid rail outloading projects at Broomehill, Cranbrook and Moora, strengthening WA’s grain outturn and export capacity.
“Looking ahead, CBH is focused on delivering Horizon 2 of its Strategy, targeting a monthly outturn target of 2.5 million tonnes per month by 2028 to keep pace with growing crop sizes.”
Download the Annual Report at cbh.com.au/annualreport