Sales up as Sanford mussels through first quarter

Sanford, facing up to operational, rather than demand challenges. (Image: supplied)

Thu, 10 Feb 2022

Sanford, New Zealand's largest seafood company, says it's cleared its frozen inventories and benefited from better pricing for its wildcatch products for the December quarter.Chief executive Peter Reidie said a 24% increase in pricing had served to offset a 12% dip in sales volumes for its range of wild-caught fish. Sales volumes were up, however, across both greenshell mussels, by 30%, and for salmon, which saw sales up 47% year-on-year.Reidie said while things were looking up across the company's main international markets, the gr...

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John Penno quits Synlait board as George Adams elected chair

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