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Tuesday 28 June 2022

Seeka

Seeka’s NZ kiwifruit harvest down 23rd June 2022

Seeka’s NZ kiwifruit harvest down

Seeka has forecast a full-year net profit before tax range of $9m to $11m, as a result of lower SunGold and Hayward kiwifruit volumes in New Zealand.


Seeka harvest down due to smaller crop, tighter labour 19th May 2022 /

Seeka harvest down due to smaller crop, tighter labour

Seeka expects its 2022 kiwifruit harvest will fall short of forecasts due to lower crop volumes and a tight labour market, but said that it is too early to provide current year earnings guidance.


Seeka staff call for secure wages in new agreement 2nd May 2022 /

Seeka staff call for secure wages in new agreement

Workers at Seeka have written to the company to seek assurances during bargaining for a new collective agreement that there will be no wage reductions at the end of the harvest in June.


Seeka updates on “challenging” 2022 harvest 27th April 2022

Seeka updates on “challenging” 2022 harvest

Listed kiwifruit company Seeka has labelled the 2022 harvest across Australia and New Zealand as “challenging” amid labour, weather and supply chain headwinds.


Seeka reports record revenue, pockets $7.6m PSA payout 18th February 2022

Seeka reports record revenue, pockets $7.6m PSA payout

Listed kiwifruit company Seeka has delivered a strong set of annual results on the back of improved sales, a focus on costs, and $7.6m from the Crown’s PSA settlement.


Seeka completes NZ Fruit acquisition 4th February 2022 /

Seeka completes NZ Fruit acquisition

Seeka has completed its acquisition of Gisborne-based New Zealand Fruits in a deal that values the latter at $21m.


Seeka to buy Gisborne business valued at $21m 10th December 2021 /

Seeka to buy Gisborne business valued at $21m

Seeka says it has entered an amalgamation agreement to acquire Gisborne packing business New Zealand Fruits Limited.


Seeka guides FY21 profit near $24m 2nd December 2021 /

Seeka guides FY21 profit near $24m

Seeka says it expects net profit before tax at the upper end of its $22m and $24m guidance range for FY21 thanks to an expected Crown settlement payout over the arrival of the vine killing disease PSA.


$6.6m acquisition of Orangewood good to go – Seeka 11th November 2021 /

$6.6m acquisition of Orangewood good to go – Seeka

Seeka says all the conditions of its $6.55m deal to acquire Kerikeri-based kiwifruit grower Orangewood Limited have now been met.


Seeka secures another $38m for expansion, acquisitions 3rd November 2021 /

Seeka secures another $38m for expansion, acquisitions

New Zealand’s largest kiwifruit grower says it has negotiated an increased debt facility of $190m, up from $152m.


Seeka upgrades profit guidance, expects $7m legal payout 22nd October 2021 /

Seeka upgrades profit guidance, expects $7m legal payout

New Zealand’s largest kiwifruit grower has upgraded its profit guidance for FY21.


Seeka makes $6.6m offer to buy kiwifruit grower 15th September 2021 /

Seeka makes $6.6m offer to buy kiwifruit grower

Seeka has made an offer to acquire Kerikeri-based kiwifruit grower Orangewood Limited.


Seeka interim profit jumps, FY guidance up 20th August 2021 /

Seeka interim profit jumps, FY guidance up

New Zealand’s largest kiwifruit grower, Seeka, posted a sharp rise in net profit before tax in the six months ended 30 June, up 77% to $30.8m compared with the same six months last year.


Seeka goes for $20m expansion, Pukenga packhouse decision delayed 8th June 2021

Seeka goes for $20m expansion, Pukenga packhouse decision delayed

Kiwifuit company Seeka has delayed a decision on developing a new packhouse at Pukenga by pledging a $20m upgrade at an existing packhouse.


Ōpōtiki rolls out welcome mat for OPAC 11th May 2021 /

Ōpōtiki rolls out welcome mat for OPAC

Seeka has been officially welcomed to Ōpōtiki to celebrate its purchase of Ōpōtiki Packing and Cool Storage.


Seeka gets $59m OPAC deal over the line 5th May 2021 /

Seeka gets $59m OPAC deal over the line

A certificate of amalgamation is imminent, formalising the kiwifruit specialists’ deal.


Seeka puts kiwifruit assets up for sale 21st April 2021 /

Seeka puts kiwifruit assets up for sale

A kiwifruit landholding owned and managed by Seeka has been placed on the market for sale.


Seeka shareholders back $60m OPAC takeover 20th April 2021 /

Seeka shareholders back $60m OPAC takeover

Grower support and banking thresholds are the only hurdles remaining.


Seeka clears first hurdle in OPAC acquisition 15th April 2021

Seeka clears first hurdle in OPAC acquisition

Seeka is a step closer to buying kiwifruit rival Ōpōtiki Packing and Coolstorage.


Seeka makes case for $60m OPAC acquisition 12th April 2021 /

Seeka makes case for $60m OPAC acquisition

Seeka’s proposed $60m purchase of rival kiwifruit company Opotiki Packing and Cool Storage would create New Zealand’s largest kiwifruit grower with annual revenue of £300m – but it is far from a done deal.


Seeka lines up $60m OPAC deal 26th March 2021 /

Seeka lines up $60m OPAC deal

The Bay of Plenty-based company is looking to expand its footprint in the kiwifruit sector.


Seeka doubles profit, pays down debt 1st March 2021 /

Seeka doubles profit, pays down debt

The Te Puke-based produce handler more than doubled its annual profit in FY20.


Seeka announces 12 cent dividend 26th February 2021 /

Seeka announces 12 cent dividend

Seeka has announced a 12 cent dividend, payable on 30 March 2021.


Seeka to pay out 12c special dividend 17th December 2020

Seeka to pay out 12c special dividend

The Te Puke-based company said the dividend would be paid on 27 January 2021 to all holders of ordinary shares.


Seeka signs off $27m Australian deal, lifts guidance 10th December 2020 /

Seeka signs off $27m Australian deal, lifts guidance

The kiwifruit exporter gets the go-ahead for a sale and leaseback deal, unlocking more profit for the year.