Inghams Group (ASX:ING) reaffirmed fiscal year 2026 underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance in the range of AU$215 million to AU$230 million, according to a Wednesday filing with the Australian bourse.
The company expects fiscal first half underlying earnings of AU$80 million, the filing said.
It said it was on track to deliver AU$60 million to AU$80 million in annualised savings and a lower fiscal year 2026 capital expenditure to AU$70 million to AU$90 million from the previous guidance of AU$80 to AU$100 million, the filing added.
Shares of the company fell 2% in recent Wednesday trade and earlier hit a 52-week low.