Departures, explanations and a trading update for Sanford shareholders

Wed, 30 Jan 2013

Jan 30 (BusinessDesk) – Sanford Ltd has informed shareholders of the retirement of its managing director and an experienced board member, and explained how it has fixed things after copping a multi-million-dollar fine from a US court. The fishing company also said it has made a positive start to the new financial year and disclosed a deal with the New Zealand Shareholders’ Association that will hold the total fees paid to directors at $500,000 for another year. Revenue for the first three months of the year is up 10 percent, helped by increas...

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