Sanford doubles half-year profits but still below pre-pandemic levels
Adjusted EBIT of $26.6m vs $19.2m, a 39% increase on H1 FY22
(NEW ZEALAND, 5/23/2023)
Seafood company Sanford's half-year profits have nearly doubled, though labour shortages and cost pressures have kept the company below its pre-Covid profit levels.
Key numbers for the six months ended March 31 compared with a year ago: