Zespri raises profit guidance, fruit forecasts

Zespri raises profit guidance, fruit forecasts
SunGold Kiwifruit on the shelf in a Shanghai fruit store. (Image: BusinessDesk)
Riley Kennedy
Zespri expects its net profit to land between $137 million and $147m as strong demand pushes fruit forecasts higher.The grower-owned kiwifruit marketer has also issued a forecast dividend range for its financial year of between 68 cents and 73c a share.That includes the interim dividend already paid in August of 56c.Its net profit guidance, which includes licence release income, is up from the $132m-to-$142m range it issued in August.The company reported a net profit of $173.3m in its previous financial year.Zespri also updated its forecasts on...

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