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Thursday 21 October 2021

Sanford

$2.5m snapper revenue boost for Sanford 27th September 2021

$2.5m snapper revenue boost for Sanford

Listed seafood company Sanford is in line for an additional $2.5m of revenue after the Ministry for Primary Industries increase the commercial catch limit for snapper in the SNA8 fishery off the North Island’s west coast.


Sanford to pay $531k following death of fishing crewman 23rd September 2021

Sanford to pay $531k following death of fishing crewman

Th fishing company pleaded guilty to a charge of exposing workers to risk of death or serious injury.


Sanford taps ex-Cavalier CEO Paul Alston to be CFO 23rd September 2021 /

Sanford taps ex-Cavalier CEO Paul Alston to be CFO

The former Turners & Growers executive will join the listed seafood exporter as CFO next month.


Food investments on the menu at Ngāi Tahu 7th September 2021 /

Food investments on the menu at Ngāi Tahu

Ngāi Tahu Holdings CEO Mike Pohio says the iwi-controlled entity remains on the lookout for food investments following its $38m buy-up of Sanford shares.


Ngāi Tahu’s Sanford stake tops 19% after $38m buy-up 3rd September 2021 /

Ngāi Tahu’s Sanford stake tops 19% after $38m buy-up

Ngāi Tahu Investment now holds a 19.9% stake in seafood company Sanford, making it the largest single shareholder in what is New Zealand’s largest seafood company.


Sanford shares jump as Ngāi Tahu takes 12% 2nd September 2021 /

Sanford shares jump as Ngāi Tahu takes 12%

Sanford’s share price jumped almost 25% yesterday as investors reacted to the news that Ngāi Tahu Investments was increasing its stake in New Zealand’s largest seafood company.


Ngāi Tahu fishes for “significant” Sanford stake 1st September 2021 /

Ngāi Tahu fishes for “significant” Sanford stake

The iwi investor is trying to buy a chunk of the seafood company, although it says it has “no current intention” to launch a takeover.


Sanford subdued as Covid continues to bite 21st May 2021

Sanford subdued as Covid continues to bite

Seafood company reports 15% drop in net profit at the half year as it continues to battle with Covid-19 disruption to freight and foodservice.


Sanford appoints Tauranga port CEO to board 13th May 2021 /

Sanford appoints Tauranga port CEO to board

New Zealand seafood company Sanford has appointed Mark Cairns as its newest board member.


Sanford warns continuing Covid storm will hit interims 18th March 2021

Sanford warns continuing Covid storm will hit interims

Lower prices and higher costs will hurt performance, says the seafood company.


Sanford ordered to forfeit $20m vessel after illegal trawling 24th February 2021 /

Sanford ordered to forfeit $20m vessel after illegal trawling

The fishing company, the master of its San Waitaki ship, and its first mate have been fined a total of $53k.


Sanford rethinks $20m Blenheim investment in cost-cutting drive 17th December 2020

Sanford rethinks $20m Blenheim investment in cost-cutting drive

The seafood firm is on a mission to rebuild profitability.


Sanford puts Tauranga facility on market 18th November 2020

Sanford puts Tauranga facility on market

The land and buildings are fully leased to Cold Storage Nelson.


Pandemic exposes Sanford’s weaknesses as profit plummets 13th November 2020

Pandemic exposes Sanford’s weaknesses as profit plummets

The NZX-listed seafood company has detailed its disappointing annual results.


Sanford warns profit could halve as Covid bites 6th November 2020

Sanford warns profit could halve as Covid bites

The fishing company says it has suffered falling prices, slow sales and poor catches.