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Sharebroker backs Sanford switch

Sanford says it's moving away from ocean fishing for commodity species to focus more on farmed products.

Nevil Gibson for NBR Food Industry Week
Thu, 27 Nov 2014

After an “underwhelming” operating result that saw comparable earnings drop 5%, sharebroker Forsyth Barr is backing the Sanford [NZX: SAN] management’s change to be more customer focused.

Successive annual results usually blame the fishing company’s performance on commodity price weakness,

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Nevil Gibson for NBR Food Industry Week
Thu, 27 Nov 2014
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Sharebroker backs Sanford switch
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