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2 clusters · 2 sources · 8 days · First seen · Last updated

Seeka Limited financial performance

Overview

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

Chief Executive Michael Franks attributed these results to improved operational efficiency, stronger margins, and investments in post-harvest automation. Despite facing ongoing input cost pressures and a seasonal reduction in fruit volumes across New Zealand and Australia, the company reduced its net bank debt to $119.8 million. The Board announced an interim dividend of $0.20 per share.

Entities

Michael Franks · Bank of New Zealand · Seeka Limited · Seek Ltd · Bank of China

Timeline

  1. 23 days ago

    [BUSINESS] 2 sources
    Seeka reports record interim profit and raises earnings guidance

    Seeka Limited reported a record six-month net profit before tax of $62.6 million, driven by automation investments and improved operational efficiency.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Seek Ltd shares plunge 14% following FY26 results

    Seek Ltd shares plunged 14% after FY26 results showed a statutory net loss of $307 million, despite rising adjusted profits and record dividends, driven by concerns over future guidance and job ad volumes.

Sources

business.scoop.co.nz · interest.co.nz