Covid-19 restrictions hit Sanford’s sales revenue

Wed, 02 Sep 2020

Covid-19 meant seafood company Sanford’s third-quarter sales revenue for product harvested by the company was down 15 percent on the year.And the fourth quarter isn’t looking much better.“For 4Q of FY20 we are currently expecting a similar revenue drop versus last year as we have seen in the third quarter of around 15 percent,” chief financial officer Katherine Turner said.chief executive Volker Kuntzsch said in many of its major markets seafood is typically consumed out-of-home, and the lockdowns unavoidably impact on r...

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