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T&G Global forecasts net loss after rare weather event

Horticulture company expects pre-tax loss between $1m and $5m.

Premium apple variety Envy struck weather related quality issues.

Kate McVicar Tue, 15 Nov 2022

Horticulture company T&G Global is predicting a full-year loss following an unprecedented weather event in the eastern North Island that affected a high-end apple variety. 

The company released an earnings guidance update to the NZX this morning that forecasted an annual pre-tax loss between $1

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Kate McVicar Tue, 15 Nov 2022
Contact the Writer: kate@nbr.co.nz
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T&G Global forecasts net loss after rare weather event
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