Turners & Growers annual pre-tax profit to rise as much as 20%

Tue, 20 Jan 2015

By Tina Morrison Jan. 21 (BusinessDesk) - Turners & Growers, the fruit marketer majority owned by Germany's BayWa, expects its pre-tax annual profit to rise as much as 20 percent. Pre-tax profit in the 2014 calendar year will be between 10 percent and 20 percent higher than the $23.4 million reported in 2013, the Auckland-based company said in a statement. While normalised trading results in the second half of the year were generally consistent with the year earlier period, the annual result will reflect last month's acquisition of Apo...

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