NUREMBERG, Germany, Feb. 26, 2026 /PRNewswire/ -- Guide, a pioneer in thermal imaging, is excited to exhibit its new ApexVision-powered outdoor products at IWA OutdoorClassics. This new technology offers an ultra-clear revolution in infrared visual quality, but we're excited to move far beyond words in our on-site demonstration of its features and capabilities, with live experience sessions available. Drop by our booth at 4A-511 for a hands-on demonstration with our new, lightweight Orion C series of clip-on thermal imaging attachments.
The Next Generation of Infrared: ApexVision
ApexVision is the culmination of over two decades of engineering effort across software and hardware, which has been extensively integrated across our hunting lineup, most notably in the flagship TU1260MS, to deliver a definitive ultra-clear viewing experience. Built using our new ApexCore S1 detector, ApexVision offers an ultra-high <15mK thermal sensitivity, easily distinguishing between even tiny changes in temperature. Together with this new, high-sensitivity sensor are several key software technologies that further enhance performance, including our Nexus 1.0 image processing platform and our new Hyper-Light 2.0 AI-powered scenario-optimized algorithm, tuned for complete dark and low-light situations to boost details, enhance edges, and suppress noise.
These hardware and software improvements combine to offer improved zoom performance, detail preservation, reduced lag and blur in dynamic situations, real-time target observation, with high contrast and low noise, across all weather conditions. But we don't just want to tell you about our ApexVision's capabilities; we want to show you.
IWA Experience Sessions
Guests at IWA OutdoorClassics are invited to visit our booth at 4A-511 to experience ApexVision for themselves with our new Orion C series of compact thermal imaging attachments — accessories for daytime scopes weighing just 285g with rugged capability, all-night battery life, instant start, and exceptional image quality.
With a lightweight construction and next-generation ApexVision imaging, the Orion C series delivers clear and stable thermal imagery for confident target identification. It's one of the lightest thermal clip-ons available in the market, reducing setup time and providing a better-balanced, stable, and comfortable hunting experience. Its streamlined design and robust build quality also ensure all-weather performance and reliability. With a fast 3-second startup, it's ready almost instantly during sudden encounters in the field, and a super-low latency of just 26ms ensures real-time, lag-free visuals with no perceptible delay during tracking and aiming.
The Orion C is built for all-night, all-weather, and all-situation performance, and it's ready for your hands-on experience at IWA.
Attendees, journalists, hunters, dealers and distributors will be able to experience live, hands-on demonstrations of the ApexVision-powered Orion C series as well as several other Guide products, experiencing this new generational leap in infrared imaging performance for themselves.
Know more at www.guideoutdoor.com or contact enquiry@guideoutdoor.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Guide Sets New Industry Standards with IWA Outdoor Classics Hands-on
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- Full-year revenue reached a record high at nearly US$13 billion, representing a 19% year-on-year increase.
- EBITDA for the year grew by 14% to reach US$1.26 billion, supported by an improved second-half performance.
- The Board has proposed an 18% increase in the final dividend to 0.952 Singapore cents per share, subject to shareholder approval, while remaining mindful of market conditions.
SINGAPORE, Feb. 26, 2026 /PRNewswire/ -- Following stronger second-half results, Golden Agri-Resources Ltd ("GAR" or the "Company") reported a robust FY 2025 performance, supported by appreciation in market prices and volume expansion.
On the results, Mr. Franky O. Widjaja, GAR Chairman and Chief Executive Officer commented: "The Board is pleased to report a steady year for GAR amid market and global economic uncertainties, achieving record high revenue while maintaining profitability. Growth across most key metrics underscores the resilience of our integrated business model and the continued execution of our strategy to drive value creation across the business."
GAR's revenue grew by 19% to reach US$12.95 billion, driven by increases in both sales volume and market prices. EBITDA grew by 14% to US$1.26 billion, sustaining a solid margin of 9.7%. The Company posted a 10% increase in net profit to US$400 million, affected by the lower foreign exchange gain of US$2 million, compared to US$42 million recorded in the previous year.
On the industry outlook, Mr. Widjaja added: "Over the past two years, palm oil has demonstrated its resilience with prices largely at par with other vegetable oils, reflecting its underlying demand strength. Despite the current economic slowdown, long-term demand fundamentals remain firm, driven by global population and GDP per capita growth, rising renewable energy demand – particularly the robust biodiesel mandate in Indonesia – and expanding oleo-chemical applications. Supply growth, however, is expected to remain constrained by ageing plantations and replanting programmes. Industry volatility is also expected to persist with uncertainties around extreme weather conditions, geopolitical developments, shifts in global trade policies, and energy market dynamics."
GAR's Board has proposed an 18% higher final dividend of 0.952 Singapore cents per share compared to the previous year, totalling approximately US$94 million. The proposed dividend represents 18% of underlying profit and is equivalent to 23% payout ratio on net profit. This proposal is taken after careful consideration of balancing shareholder returns with the need to preserve a strong balance sheet amid anticipated global volatility. The final dividend will be distributed on 20 May 2026, subject to approval by shareholders at GAR's 2026 Annual Meeting.
Segmental Performance
Plantations and Palm Oil Mills (Upstream)
GAR's planted area, including plasma, stood at 531,000 hectares at the end of 2025, slightly lower than 2024 due to preparation of old estates for replanting. The Company rejuvenated 16,800 hectares of old plantations in 2025 using higher-yielding, next-generation planting materials. This yield intensification programme aims to sustain long-term production growth from existing plantation areas.
90% of GAR's nucleus plantations are mature with an average age of 15 years. Fruit yield in the second half of 2025 increased by 13% compared to the first half of the year, reaching 9.9 tonnes per hectare, including plasma. This brought full year yield to 19.0 tonnes per hectare, an increase of 2% from 2024. As a result, total fruit output expanded to 9.2 million tonnes, with a corresponding 2% increase in full year palm product output to reach 2.8 million tonnes.
Improved plantation output and stronger CPO (crude palm oil) and PK (palm kernel) prices resulted in 25% higher upstream EBITDA of US$709 million, with a growing margin of 28.8%. As a result, this segment contributed a larger proportion of consolidated EBITDA at 56%.
Palm, Laurics and Others (Downstream)
GAR's downstream segment consists of processing and merchandising palm and oilseed-based products including bulk and branded products, oleochemicals, sugar and other vegetable oils.
The Company's downstream business achieved record revenue and sales volume despite operating in a challenging market environment. While segmental EBITDA margin compressed, GAR's merchandising volumes gradually increased quarter-by-quarter during the year. This resulted in a 3% growth in sales volume for the full year to 11.9 million tonnes, generating revenue of US$12.8 billion. Meanwhile, EBITDA for this segment grew 3% to US$550 million with a resilient margin of 4.3%.
The Company will continue to invest in innovation, advanced technology, operational excellence, and responsible production to strengthen its competitive edge and extract additional value throughout its integrated operations.
Progress on Collective for Impact
GAR continued to advance its sustainability priorities in 2025. The Company achieved 100% traceability to the mill across its global palm, soybean, sugar, sunflower and coconut supply chains and published its Responsible Agri-Commodity Sourcing Policy for non-palm products. GAR deepened engagement within its palm supply base by scaling its independent smallholder programme, Sawit Terampil, to reach 11,250 smallholders in 2025, supporting 1,095 participants to obtain RSPO certification across more than 2,000 hectares.
Furthering its decarbonisation agenda, GAR added three methane capture plants in 2025, bringing the total to 11 across its upstream operations. In its downstream segment, the Company commenced construction of a 110-tph steam biomass boiler, partly powered by palm kernel meal pellets generated from its own operations, advancing circular resource use and contributing to emissions reduction. Complementing these efforts, GAR launched DxP Dami Mas MTK, the first drought-tolerant seed approved by Indonesia's Ministry of Agriculture, designed to enhance climate resilience in the face of changing weather patterns.
GAR continued to support economic diversification and youth development around its operational areas, promoting sustainable farming practices and value-added products from local agri-commodities. The Company reached 182 villages to implement 280 community projects, supporting 163 Micro, Small and Medium Enterprises through its Bright Future Initiative. GAR also completed a gender equality assessment and workers' voice survey in its Indonesian operations to strengthen alignment with international labour standards and evolving responsible sourcing expectations.
- Full-year revenue reached a record high at nearly US$13 billion, representing a 19% year-on-year increase.
- EBITDA for the year grew by 14% to reach US$1.26 billion, supported by an improved second-half performance.
- The Board has proposed an 18% increase in the final dividend to 0.952 Singapore cents per share, subject to shareholder approval, while remaining mindful of market conditions.
SINGAPORE, Feb. 26, 2026 /PRNewswire/ -- Following stronger second-half results, Golden Agri-Resources Ltd ("GAR" or the "Company") reported a robust FY 2025 performance, supported by appreciation in market prices and volume expansion.
On the results, Mr. Franky O. Widjaja, GAR Chairman and Chief Executive Officer commented: "The Board is pleased to report a steady year for GAR amid market and global economic uncertainties, achieving record high revenue while maintaining profitability. Growth across most key metrics underscores the resilience of our integrated business model and the continued execution of our strategy to drive value creation across the business."
GAR's revenue grew by 19% to reach US$12.95 billion, driven by increases in both sales volume and market prices. EBITDA grew by 14% to US$1.26 billion, sustaining a solid margin of 9.7%. The Company posted a 10% increase in net profit to US$400 million, affected by the lower foreign exchange gain of US$2 million, compared to US$42 million recorded in the previous year.
On the industry outlook, Mr. Widjaja added: "Over the past two years, palm oil has demonstrated its resilience with prices largely at par with other vegetable oils, reflecting its underlying demand strength. Despite the current economic slowdown, long-term demand fundamentals remain firm, driven by global population and GDP per capita growth, rising renewable energy demand – particularly the robust biodiesel mandate in Indonesia – and expanding oleo-chemical applications. Supply growth, however, is expected to remain constrained by ageing plantations and replanting programmes. Industry volatility is also expected to persist with uncertainties around extreme weather conditions, geopolitical developments, shifts in global trade policies, and energy market dynamics."
GAR's Board has proposed an 18% higher final dividend of 0.952 Singapore cents per share compared to the previous year, totalling approximately US$94 million. The proposed dividend represents 18% of underlying profit and is equivalent to 23% payout ratio on net profit. This proposal is taken after careful consideration of balancing shareholder returns with the need to preserve a strong balance sheet amid anticipated global volatility. The final dividend will be distributed on 20 May 2026, subject to approval by shareholders at GAR's 2026 Annual Meeting.
Segmental Performance
Plantations and Palm Oil Mills (Upstream)
GAR's planted area, including plasma, stood at 531,000 hectares at the end of 2025, slightly lower than 2024 due to preparation of old estates for replanting. The Company rejuvenated 16,800 hectares of old plantations in 2025 using higher-yielding, next-generation planting materials. This yield intensification programme aims to sustain long-term production growth from existing plantation areas.
90% of GAR's nucleus plantations are mature with an average age of 15 years. Fruit yield in the second half of 2025 increased by 13% compared to the first half of the year, reaching 9.9 tonnes per hectare, including plasma. This brought full year yield to 19.0 tonnes per hectare, an increase of 2% from 2024. As a result, total fruit output expanded to 9.2 million tonnes, with a corresponding 2% increase in full year palm product output to reach 2.8 million tonnes.
Improved plantation output and stronger CPO (crude palm oil) and PK (palm kernel) prices resulted in 25% higher upstream EBITDA of US$709 million, with a growing margin of 28.8%. As a result, this segment contributed a larger proportion of consolidated EBITDA at 56%.
Palm, Laurics and Others (Downstream)
GAR's downstream segment consists of processing and merchandising palm and oilseed-based products including bulk and branded products, oleochemicals, sugar and other vegetable oils.
The Company's downstream business achieved record revenue and sales volume despite operating in a challenging market environment. While segmental EBITDA margin compressed, GAR's merchandising volumes gradually increased quarter-by-quarter during the year. This resulted in a 3% growth in sales volume for the full year to 11.9 million tonnes, generating revenue of US$12.8 billion. Meanwhile, EBITDA for this segment grew 3% to US$550 million with a resilient margin of 4.3%.
The Company will continue to invest in innovation, advanced technology, operational excellence, and responsible production to strengthen its competitive edge and extract additional value throughout its integrated operations.
Progress on Collective for Impact
GAR continued to advance its sustainability priorities in 2025. The Company achieved 100% traceability to the mill across its global palm, soybean, sugar, sunflower and coconut supply chains and published its Responsible Agri-Commodity Sourcing Policy for non-palm products. GAR deepened engagement within its palm supply base by scaling its independent smallholder programme, Sawit Terampil, to reach 11,250 smallholders in 2025, supporting 1,095 participants to obtain RSPO certification across more than 2,000 hectares.
Furthering its decarbonisation agenda, GAR added three methane capture plants in 2025, bringing the total to 11 across its upstream operations. In its downstream segment, the Company commenced construction of a 110-tph steam biomass boiler, partly powered by palm kernel meal pellets generated from its own operations, advancing circular resource use and contributing to emissions reduction. Complementing these efforts, GAR launched DxP Dami Mas MTK, the first drought-tolerant seed approved by Indonesia's Ministry of Agriculture, designed to enhance climate resilience in the face of changing weather patterns.
GAR continued to support economic diversification and youth development around its operational areas, promoting sustainable farming practices and value-added products from local agri-commodities. The Company reached 182 villages to implement 280 community projects, supporting 163 Micro, Small and Medium Enterprises through its Bright Future Initiative. GAR also completed a gender equality assessment and workers' voice survey in its Indonesian operations to strengthen alignment with international labour standards and evolving responsible sourcing expectations.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Golden Agri-Resources Sustains Strong Performance for Full Year 2025
