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Thursday 25 April 2024

Speirs

Speirs adjusting prices, cutting products – chair 20th November 2023

Speirs adjusting prices, cutting products – chair

Speirs Group’s food division is moving on prices and products to help improve profitability, says executive chairman Lee Simpson.


Supplier price increases, shortages hit profit in “difficult year” at Speirs 9th October 2023

Supplier price increases, shortages hit profit in “difficult year” at Speirs

The salad company’s profit plummets as costs rise and there are supply shortages due to extreme weather.


Speirs’ loss widens as wet weather takes toll 30th January 2023

Speirs’ loss widens as wet weather takes toll

“The business environment at present is tough,” says Speirs Foods executive chair Lee Simpson, warning of continuing difficult trading conditions ahead.


Speirs Foods claws back some profit from pandemic doldrums 7th October 2022

Speirs Foods claws back some profit from pandemic doldrums

The salad supplier posts a hard-won improvement but changing consumer preferences and increasing costs take a toll.


Speirs signals “challenging” demand and supply dynamics 25th November 2021 /

Speirs signals “challenging” demand and supply dynamics

The salad supplier grapples with increasing costs and conducts a review of margins to ensure acceptable returns.


Speirs Foods trading profit wilts 74% under Covid 5th October 2021 /

Speirs Foods trading profit wilts 74% under Covid

Lockdowns, lower demand for bulk products, and labour costs all eat into the supermarket salad supplier’s bottom line.


Speirs Group refinances $2.5m shares 18th May 2021

Speirs Group refinances $2.5m shares

Manawatu/Rangitikei-based food company Speirs Group has replaced $2.5m of redeemable preference shares set to mature in September with $2.2m of fresh RPS, with a 2025 end date.