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T&G annual loss could double initial estimates

The new guidance comes weeks before its annual results.

The complexity of the insurance claim has been attributed as the main reason for the revision.

Kate McVicar Mon, 12 Feb 2024

Turners and Growers Global (T&G) has issued new earnings guidance that could see its full-year loss blow out by about double what it initially signposted.

In a statement to the NZX, the horticulture company reported it now anticipated a loss before income tax of between $60 million and $67m, up from

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Kate McVicar Mon, 12 Feb 2024
Contact the Writer: kate@nbr.co.nz
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T&G annual loss could double initial estimates
Investment,
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