Zespri's profit slips on reduced licence revenue

Zespri's profit slips on reduced licence revenue
Dan Mathieson says it was “really pleasing” to see a significant increase in returns for Green kiwifruit given “difficult growing conditions”. (Image: Supplied)
Riley Kennedy
Zespri’s net profit has dropped by more than a quarter on the back of reduced licence revenue.The kiwifruit marketer reported its results for the most recent financial year on Wednesday evening, posting a net profit of $173.3 million.That was down 27% from $238.7m in the year prior, with the lower licence revenue driven by weaker pricing per hectare compared to 2022/23.Global sales volumes fell 10.5% to 164.2m trays after what it said was a difficult growing season. Still, global sales increased 2% to $3.99 billion, reflecting i...

More Primary Sector

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

MPI led the Fieldays charge
Primary Sector

Cameron Bagrie: MPI led the Fieldays charge

Fieldays was a class act, once again, with MPI as the lead actor.

Cameron Bagrie 26 Jun 2025