Sanford Limited, New Zealand's largest and oldest seafood company, has reported a 38.7% increase in Adjusted EBIT and a 2.5% increase in Revenue for the six months ending 31st March 2023.

Salmon and Wildcatch divisions have both seen strong performance, while Mussels continues to lag expectations.

The Board has announced an interim dividend of six cents per share.

Labour shortages, cost pressures and supply chain challenges remain, however the company is confident of continued success in the second half of the year.

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