CORRECT: Zespri signals profit growth, trims expected fruit and services payment

Thu, 20 Jun 2019

(Corrects share performance in fourth paragraph of story that ran June 19 to adjust for stock split.) By Gavin Evans June 19 (BusinessDesk) - Kiwifruit marketer Zespri is forecasting annual profit growth of up to 7 percent. The firm, which markets kiwifruit on behalf of 2,500 New Zealand growers and another 1,200 in Italy, Japan, Korea and France, is expecting net profit of $182-$192 million in the current year, including licence release income. That is up from the $179.8 million net profit reported for the year ended March, which w...

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