Pāmu FY26 Report: Profit More Than Doubles to $113m
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Poole, this year's recipient, grew up in a Taranaki dairy farming family. He says agriculture has been central to his life.
“Growing up on a dairy farm gave me a strong work ethic and a deep connection to the land,” he says. “Studying agribusiness is helping me understand how I can contribute to the industry in a meaningful way.”
The scholarship supports students who demonstrate leadership potential, commitment to the sector, and alignment with Pāmu values.
Poole says receiving the scholarship has given him confidence to keep pushing himself.
“I’m incredibly grateful for this support. It reinforces that putting time and energy into worthwhile opportunities really matters, and it’s motivating to see that effort recognised.”
Poole is particularly interested in the role large‑scale farming organisations can play in testing new ideas and adapting to change.
He is currently exploring the opportunity to complete a summer placement with Pāmu to gain hands‑on experience in a new part of the country.
“I’m proud of New Zealand agriculture and the reputation it has built globally. I’m looking forward to starting my career, learning from others, and contributing back to the sector that’s given me so much.”
The scholarship was established in 2024 alongside a memorial covenant in recognition of Dr Parker’s lifelong contribution to New Zealand agriculture.
The inaugural recipient, Oliver Cayley, completed his final year of a Bachelor of Agribusiness at Massey University in 2025 alongside a two-month placement on a Pāmu dairy unit near Taupō, over the summer, where he was part of the Endurance team.
Cayley has since started as two-year graduate programme with Fonterra in Christchurch.
Pāmu says it was privileged to support Cayley at an important stage of his journey.
“He jumped straight in, embraced every part of farm life, and lived our values every day. He was a great addition to the team and will be missed,” said Endurance Farm Manager Rebecca Voysey.
Pāmu Chief Executive Mark Leslie says the scholarship is about more than financial support.
“It’s about backing talented young people, giving them real‑world experience, and helping them build confidence and connections in the sector. William and Oliver both reflect the values Dr Parker stood for, and we’re proud to be part of their journeys.”
