Helping farmers to help the nation bounce back
Value for our stakeholders takes many forms. This integrated report details our 2019-20 performance on the things that matter and looks ahead to how we are positioned to deliver value into the future.Read the Chair's and CEO's Report
A strong financial result comes from resolute support from shareholders and a remarkable effort by staff. Essential fertiliser supply continues ever-more efficiently, we’re returning $68m to shareholders while offering environmental mitigation and nutrient management services.
returned to shareholders
$25 per tonne rebate for those buying between 1 June 2019 and 31 May 2020 plus bonus share issue representing $40m in value for those purchasing in prior three years.
From continuing operations and before tax, rebate and bonus shares.
invested in physical infrastructure
New stores, roofs, loaders and machinery.
hours of environmental consultancy
A smaller team delivered 29% more environmental consultancy hours to farmers.
3,936 active users of HawkEye decision-making software
While working remotely, the Customer Centre took 30% more calls with no service disruption.
74% equity ratio after rebate $143m cashflow and no net debt.
$5m on R&D funding ($23m in total across last five years)
Net Promoter Score
Net Promoter Score increased: customers were much more likely to recommend Ravensdown.
tCO2-e emissions of carbon dioxide equivalent
Scope 1 and 2: 2030 target is 15% reduction from CY 2017-18.
Ravensdown is here to enable smarter farming for a better New Zealand.
We are the farm nutrient and environmental experts - helping farmers and growers reduce their environmental impacts and achieve production efficiency. This is how we build value.
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- Domestic manufacturing and nationwide storage of essential inputs such as nutrients and aglime.
- Seek out and secure physically and chemically tested bulk fertilisers from quality suppliers from around the world.
- Nutrient advice from certified advisors based on the latest science and accurate test results
- Expanding the knowledge base and team's capabilities for current and future opportunities.
- Doing what we say we will do.
- Collaborating with experts and academics to investigate and validate important potential solutions.
- Smarter tools for smarter working.
- Increasing precision for better decision making and improved nutrient efficiency.
- The right amount of the right nutrient in the right place at the right time.
To Enable Smarter Farming for a Better New Zealand —
Ka pūkekotia a Rongomātāne, ka poho kererū a Aotearoa
Stakeholder engagement and material issues
In a volatile world impacted by COVID-19, climatic events and emerging government legislation, stakeholder engagement is more vital than ever.
Read the specific 'Stakeholder engagement and material issues' section of our Integrated Report below.
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Risks and opportunities
Disruption to the essential supply of necessary inputs, safety culture and cybersecurity are just some of the risks that need to be mitigated.
Trusted and Leading
Trust is built by accounting for multiple perspectives and being transparent across a range of measures. We aim to lead by prioritising environmental sustainability and social responsibility.
Quality agri products
Whether it’s fertiliser, lime, seed, agchem or animal health products, farmers and growers need products that are fit for purpose, suitable for New Zealand conditions and available when needed.
Enabling people takes constant focus and a positive, safety-oriented culture. Learning and development have always been prioritised, and staff and contractor wellbeing is increasingly important.
Our research is progressing because the science is always moving forward. Evidence and collaboration can deliver solutions that are having a real impact on farming practice.
Technology and Services
Technology is a key driving force behind agsector improvement. It opens up new opportunities; new ways to track progress, make decisions, demonstrate performance, and make connections with end consumers.
Meet the Board
Deep understanding and knowledge.
This year Stuart Wright and Scott Gower are retiring from the Board after they reached the 12-year maximum term.
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John runs a 22,000 stock unit sheep and beef breeding and finishing operation, has been on the Board since 2004 and has been Chair since February 2014.
Stuart farms 330ha west of Christchurch growing arable crops, seed potatoes and finishing lambs and has been on the Board since 2006 and Deputy Chair since 2014.
Appointed in 2019 David has extensive management and governance experience, including with New Zealand company Argenta and animal health multinational Merial.
Scott owns and runs a large hill country sheep and beef station at Ohura in the Central North Island and has been on the Board since 2006.
Nicola farms a sheep, beef and arable operation outside of Timaru and has been on the board since 2019.
Peter owns a 190ha dairy farm located at Northope and has farming interests in Lochiel and Lorneville, and has been on the Board since 2013.
Bruce farms in Hawkes Bay and has been on the Board since 2015. Bruce holds a wide range of governance positions, particularly in the science and environmental areas.
Jason is CFO of NZ Steel and a Fellow of Chartered Accountants Australia and New Zealand and has been on the Board since 2014.
Jacqueline is part owner of a high-producing dairy farm in Waikato with associated deer and maize blocks. Elected in 2019, she is also currently a director of DairyNZ.
Dr Jacqueline Rowarth
Meet the Team
Focus on executing strategy.
We are here to deliver on strategic goals agreed with the Board. This involves looking ahead and keeping an eye on the detail of the day-to-day. The safety and wellbeing of our team is paramount and we continue to ensure each and every employee shares this belief so they can act on it.
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Greg started with Ravensdown in 2013 and was formerly Chief Executive of Ngāi Tahu Holdings. Greg has been Managing Director of Waste Management NZ and CEO of Cleanaway Ltd Australia.
Katrina joined Ravensdown in 2018 with over 20 years' experience in Human Resources and Organisation Development.
Katrina Benedetti Forastieri
General Manager Culture and People
Sean started with Ravensdown in 2004 and has been CFO since 2005.
Chief Financial Officer
Stephen is a professional engineer and joined Ravensdown in 2018 after 20 years of international experience in operations, risk management and strategy development.
General Manager Operations
Bryan started with Ravensdown in early 2014 and was previously CEO of Canterbury Building Society and held senior roles with Rabobank.
General Manager Customer Relationships
Mike started with Ravensdown in 1981 and has held a variety of roles in regional management, marketing, sales, supply and R&D.
General Manager Innovation and Strategy
Mark started with Ravensdown in 2001 and has been CIO since 2005.
Chief Information Officer
Mike started with Ravensdown in 1997 and has held a variety of roles in finance, sales, marketing, manufacturing and now the supply chain.
General Manager Supply Chain
Ravensdown's governance structure is set up to promote accountability and to support its ability to create value in the short, medium and long term. It provides insight on strategy implementation and direction, while supporting ethical, lawful and responsible behaviour throughout the business.
We’re helping New Zealand’s food creators who are helping the country’s recovery by creating the export dollars that our economy and society so desperately need. We don’t have all the answers and we’ve got some improving to do. We’ll continue to listen in order to learn, focus on the science and take care of each other.