T&G Global’s apple strategy just about to bear fruit

T&G Global’s apple strategy just about to bear fruit
Envy apples in the orchard. (Image: NZME)
Riley Kennedy
T&G Global is on the edge of realising a “performance uplift” with volumes, revenue and profitability expected to grow, its chair says.Germany’s BayWa has owned almost 74% of the company for more than 10 years but last year signalled it was looking at hiving off its foreign investments to raise €4 billion (NZ$7.1b).The fresh produce business held its annual meeting in Auckland on Wednesday, where it told shareholders its apple strategy was about to bear fruit.In its full year, T&G had revenue of $1.3b, $859 millio...

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