Mussel prices help boost strong Sanford half-year result.

Sanford said wildcatch remained its primary revenue generator despite the sale of its inshore business. (Image: Sanford)

Staff reporters

Wed, 29 May 2024

Sanford announced an improved half-year result driven by a continuing strong performance from salmon and improving mussel results.There was also a positive result for wildcatch after selling its North Island inshore assets to Moana, but the value of its investments in nutraceuticals has been written down.On Wednesday, Sanford announced an unaudited net profit after tax of $16.2 million, a 46% uplift on the prior comparative period (PCP), which included a $1m gain on the sale of assets as part of the Moana transaction.Revenue of $276m was o...

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