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Analysis

Sanford’s improved H2 salmon, mussel profits offset weak squid season

Despite a 23% y-o-y EBIT improvement, Sanford's annual earnings remain 24% lower than pre-COVID performance, however

By Dan Gibson | Nov. 14, 2023 10:48 GMT
Sanford headquarters in Auckland, New Zealand
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Strong sales price improvements from Sanford's salmon and mussels divisions in the second half of the financial year led the group to a double-digit earnings hike, although a weak squid season prevented the firm from regaining pre-COVID heights, its annual results show [...]

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