Company Interview / 03.03.26 Robert Iervasi SPC Global IV

What drives a turnaround story in Australia's food manufacturing sector?

SPC Global (ASX: SPG) is making bold moves, reaffirming its full year 2026 guidance despite posting a first-half net loss. According to CEO Robert Iervasi, execution is now at the forefront, with synergy savings from the unification of four business divisions and a relentless focus on branded product innovation. “We’ve quickly moved from planning and transformation now into execution. That execution has really given us confidence to reaffirm our guidance, and we’re starting to see the fruits of our labour come to fruition in the marketplace.”

Highlights include domestic growth in the ‘on-the-go’ channel which is up more than 5% year-on-year, and international expansion through functional powdered dairy and beverage offerings across Asia. SPC Global is also leveraging automation and AI to boost manufacturing efficiency and optimise supply chain operations, with a targeted $25 million reduction in inventory year-on-year.

A renewed focus on high-value branded products, new SKUs like protein-enhanced baked beans, and expanding markets in Asia and the Middle East signal a new era for SPC Global.

Curious about how SPC Global (ASX: SPG) plans to achieve 25% EBITDA growth by FY25 and modernise its manufacturing for global competition?

Watch the full conversation for more actionable takeaways.