8th December 2021 Delegat Group / NZ King Salmon / Scales
New Zealand King Salmon and Scales have upgraded their earnings forecasts citing improving conditions and strong ingredients performance respectively.
Diversified agribusiness Scales has appointed Geoff Smith as chief operations and sustainability officer.
Diversified focus put agribusiness on track to to deliver full year net profit of between $32 – $37m.
Agribusiness Scales Corporation has confirmed it has walked away from any potential purchase of NZ winemaker Villa Maria Estates.
Agribusiness Scales Corporation has declared a fully imputed final cash dividend of 9.5c a share for the 2020 financial year.
The agribusiness confirms it is in the running to buy Villa Maria in what would be its first foray into wine.
A “challenging and disruptive year” pushed revenue and profit down.
Diversified agribusiness group will pay 9.5c interim dividend and affirms previous guidance.