Sanford Limited (NZX: SAN) has reported a 79.4% increase in Adjusted (underlying) Earnings Before Interest and Tax (Adjusted EBIT) of $19.2 million for the six months to 31 March.
Total revenue was up 16.0%, with Sanford’s wildcatch division performing strongly and its mussels division stable.
Despite a labour shortage in processing, CEO Peter Reidie is optimistic that strong demand recovery will continue.
No interim dividend will be paid, but a final dividend may be paid at the end of the financial year.
See more
