Seeka reports record interim profit and raises earnings guidance

Seeka Limited has reported a record six-month net profit before tax of $62.6 million for the period ending June 30, 2026, representing a 5% increase compared to the previous year. Net profit after tax rose by 20% to $45.4 million, while EBITDA increased by 3% to $86.3 million.

Chief Executive Michael Franks attributed the performance to improved operational efficiency, stronger margins, and investments in post-harvest automation. Despite a seasonal reduction in fruit volumes across New Zealand and Australia and ongoing input cost pressures, the company successfully reduced its net bank debt to $119.8 million.

The Board has announced a fully imputed interim dividend of $0.20 per share, with a record date of September 18, 2026, and payment scheduled for October 15, 2026.