Seeka raises profit forecast on strong kiwifruit sales, post-harvest operations

Seeka Limited announced an upgrade to its current year earnings guidance, with profit before tax now projected to be between $44.0m and $48.0m. This marks an increase from the previous forecast of $39.0m to $43.0m, positioning the company for record-level earnings in 2025.

The improved outlook is attributed to several factors, including higher returns from kiwifruit sales and excellent performance in its post-harvest operations. Additionally, the company noted continued strong performance across its other operating segments and a sustained focus on cost management throughout the business.

Seeka expressed gratitude to its shareholders, growers, and stakeholders for their support. For further information, michael franks, seeka chief executive officer, can be reached at +64 21 356 516, and nicola neilson, seeka chief financial officer, at +64 21 841 606.