Ravensdown looking to close Dunedin manufacturing site

Ravensdown chief executive Garry Diack. (Image: Supplied)

Fri, 09 Aug 2024

Ravensdown is looking to shut its manufacturing site in Dunedin and is also undertaking a “partial divestment” of its lime assets.The fertiliser co-operative reported its annual result to the end of May on Friday, including total revenue slumping by 29.2% to $756.8 million.Sales volumes were down 0.4% to 891,000 metric tonnes compared with the previous year. Volumes, however, remain lower than the 1.2m metric tonnes reported in the 2021-22 financial year.Chief executive Garry Diack said the co-op had been deliberate in its intent to...

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