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Hot Topic Local Govt
Investment
4 mins to read

Sanford delivers better-than-expected half-year result

CEO David Mair says the fishing and aquaculture company is halfway through a turnaround.

Sanford production line in Timaru.

NZX-listed fishing and aquaculture company Sanford has delivered its best half-year adjusted earnings result in a decade, with net profit after tax more than doubling, despite only a modest rise in revenue.

The $34 million result follows a rigorous focus on cost-cutting and efficiency gains, under

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Fiona Rotherham Thu, 15 May 2025
Contact the Writer: fiona@nbr.co.nz
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Sanford delivers better-than-expected half-year result
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