FY23 Financial Performance and Market Strategy
NORTHERN NEW SOUTH WALES BREEDER TRIANGLE INGHAMS
Always Good
DELIVERING CURRENT & FUTURE NETWORK CAPACITY AND OPERATIONAL RESILIENCE
Located in the Casino area in Northern NSW, the 'triangle'
will service the Queensland market (~3hrs from Brisbane)
Close to existing Inghams owned breeder farms,
enabling sharing of resources and other efficiency
synergies
Owned and operated by Inghams, maintaining control of
operations
Investment made to meet growing capacity requirements
and avoid potential capacity bottlenecks
The rearing farm has come on-stream and first egg-
producing farm commenced operations in April 2023
Second production farm scheduled to commence
operations in November 2023
Expected to produce approximately 700,000 eggs
per week when fully operational
Total project cost estimate: $50-55M
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