Seeka Limited [NZX:SEK] advises that it will release its annual results for the twelve months to 31st December 2022, at 9am on Thursday the 23rd February 2023. This will coincide with a Zoom Webinar presentation to present the results, followed by a Question and Answer session with CEO Michael Franks at of 10am on Tuesday the 28th February...
Seeka to invest in Katikati seasonal worker accommodation New Zealand produce company Seeka has announced that it will build new Recognised Seasonal Employer (RSE) accommodation housing 140 people in Katikati situated at Sharp Road, replacing the existing facility. The purpose-built accommodation will significantly increase the number of...
Seeka announces result for the six months to 30 June 2022 $49.4m EBITDA – up 5.3% on six months to June 2021, (previous corresponding period (pcp)) $21.5m NPAT – up 4.3% on pcp Seeka has announced its results with a backdrop of Covid-19, adverse weather events, extreme labour shortages, machine commissioning delays, shipping...
Seeka Limited (NZX:SEK) is releasing its half year results for the six months to 30 June 2022, at 9am Thursday 18 August 2022. This will coincide with a webinar presentation, followed by a Question and Answer session with Chief Executive Michael Franks. You do not need to pre-register for the webinar, you can simply join by...
Carbon footprint independently verified Targeting 30% reduction in carbon emissions by 2025 Listed produce company, Seeka Limited (NZX:SEK) has released its first comprehensive Sustainability Report. Seeka’s Sustainability Report 2022 focusses on establishing the base methodology for...
Audited results for year ended 31 December 20211 (FY21) New Zealand produce handler Seeka Limited [NZX:SEK], with operations in New Zealand and Australia, has today reported its audited results for the year ended 31 December 2021. $23.5 million net profit before tax — up 44% on FY20 $0.13 per share dividend payable 23 February...
Seeka Limited [NZX:SEK] advises that it will release its annual results for the twelve months to 31st December 2021, at 11am on Friday the 18th February 2022. This will coincide with a Zoom Webinar presentation to present the results, followed by a Question and Answer session with CEO Michael Franks at the same time of 11am on Friday the 18th...
Seeka Limited [NZX:SEK] advises that the amalgamation with NZ Fruits Limited [NZ Fruits] has been successfully completed. The formal Certificate of Amalgamation from the Companies Office is expected shortly, following which NZ Fruits will be a wholly owned subsidiary of Seeka and NZ Fruits shareholders will all become shareholders in...
Seeka announces third amalgamation in 2021 Gisborne growers will be delivered a stronger service with the proposed amalgamation of NZ Fruits and Seeka Limited. In an agreement announced 10 December 2021, NZ Fruits shareholders are being offered Seeka shares and cash for their NZ Fruits shares. Seeka chief executive Michael Franks says the deal...
Seeka Limited [NZX:SEK] advises that the amalgamation with Orangewood Limited (“Orangewood”) has been successfully completed subject only to issue by the Companies Office of the Certificate of Amalgamation, following which Orangewood will be a wholly owned subsidiary of Seeka and Orangewood shareholders will all become shareholders in...
Seeka Limited [NZX:SEK] advises that it has successfully negotiated an improved funding facility with a syndicate of banks to support Seeka’s continuing growth. The syndicate led by Westpac includes ASB, Rabobank and BNZ and provides facilities of NZD$190 million, up from the previous facility limits of approximately...
Seeka Limited [NZX:SEK] advises that it has upgraded its financial guidance for the 2021 financial year. Existing operational full year net profit before tax range $13.5m to $16.0m. Upgraded operational full year net profit before tax range $15.0m to $17.0m. Further to the revised operational guidance at a profit before tax level, Seeka expects...
Northland kiwifruit growers will be delivered a stronger service following the proposed amalgamation of Kerikeri-based Orangewood Limited with a wholly owned subsidiary of Seeka Limited. In a conditional agreement announced 14 September 2021, Orangewood shareholders are being offered 0.6630 new Seeka shares and $1.35 in cash for every Orangewood...
$30.8m net profit before tax - up 77% on six months to 30 June 2020 (previous corresponding period (pcp)) $0.13 per share dividend payable 13 October 2021 Te Puke, 19 August 2021: Listed New Zealand produce company Seeka Limited, with operations in New Zealand and Australia, is pleased to report its unaudited interim...
New Zealand's largest Kiwifruit Grower Seeka [NZX:SEK] announces an equity investment in Fruitometry an innovative horticultural Agritech In its first year Fruitometry successfully delivering a new commercial Digital Crop Estimation (DCE) service to kiwifruit growers, managers and packhouses in the North Island. Fruitometry’s...
Seeka Limited [NZX:SEK] announces that it will build and commission a new kiwifruit MAF RODA packing machine in the KKP packhouse situated at Maketu Corner Te Puke, replacing an existing 25 year old 10 lane machine a new 8 lane machine including camera grading and packing automation. The Company expects the MAF RODA ...
Today Seeka Limited (NZX-SEK) was officially welcomed to Ōpōtiki to celebrate the amalgamation with Ōpōtiki Packing and Cool Storage (OPAC). Over 150 people attended the event at Seeka OPAC after the $59m settlement, which had overwhelming shareholder support from both companies. Local Opotiki hapū, Ngāti Ira led the pōhiri supported by...
Seeka Limited [NZX:SEK] advises that the amalgamation with Opotiki Packing and Cool Storage Limited [“OPAC”] has been successfully completed and OPAC is now a wholly owned subsidiary of Seeka and OPAC shareholders will all become shareholders in Seeka. All conditions of the $59m transaction were satisfied including; the overwhelming...
Seeka Limited (“Seeka”) and Opotiki Packing and Cool Storage Limited (“OPAC”) are to join via amalgamation. This transaction will see Seeka expand further to be operational in all of New Zealand’s major kiwifruit growing regions in a deal that continues to consolidate the New Zealand kiwifruit industry. The OPAC...
Audited results for year ended 31 December 2020 (FY20) Listed New Zealand produce handler Seeka Limited, with operations in New Zealand and Australia, has today reported its audited results for the year ended 31 December 2020. $15.2m net profit after tax - up 120% on 2019 $0.12 per share dividend payable 30 March 2021 "Seeka...
Te Puke, December 16 2020: Seeka Limited (NZX-SEK), a listed New Zealand produce handler, announced a special $0.12 per share dividend. The dividend will be paid on 27 January 2021 to all holders of ordinary shares in the Company recorded in the Company’s share register at the close of business on the record date of 24 December 2020 and...
Sale and lease back of Seeka’s Australian kiwifruit orchard portfolio has been approved by the Australian Foreign Investment Review Board (FIRB) Expects earnings before tax to be in the range between NZD$15m and $17m for 2020 Te Puke, December 9 2020: Seeka Limited (NZX-SEK), a listed New Zealand produce handler,...
NZX-listed New Zealand and Australia produce company Seeka reports a 55% lift in the company's unaudited profit after tax for the six months ended 30 June 2020. Alongside the results announcement, Seeka announces a fully imputed dividend of 10 cents per share. While the result includes the benefit from the taxation change arising from...
On 19 March 2020 Seeka cancelled the dividend of $0.12 per share to be paid on 17 April and advised that the dividend, and the application of the Dividend Reinvestment Plan, will be considered by Seeka at its Board meeting scheduled for 17 June. Having reviewed the company's forecast guidance and the current business environment the Board...
Seeka enters into conditional sale and lease back of Australian kiwifruit orchards Expects earnings before tax to be in the range between NZD$9m and $11.0m for 2020 Te Puke, 20 May 2020: Seeka Limited (NZX-SEK), a listed New Zealand produce handler, has entered into a conditional sale and lease back of...
Seeka Limited’s annual shareholder meeting, held on Friday 17 April, is now available to view online. All three resolutions have been passed by...
Seeka Limited [NZX:SEK] advises that it has reviewed the current environment and, with the uncertainty of Covid19 [Coronavirus], that it had decided to defer the payment of the current declared dividend of $0.12 per share. This dividend was payable to all shareholders on the register at 5pm, 19 March 2020. Under the Companies Act, all dividends in...
300 vacant kiwifruit positions across the Bay of Plenty, Coromandel and Northland Te Puke, 17 March 2020: Seeka Limited (NZX-SEK), a listed New Zealand produce handler has today announced a labour shortage of 300 positions for local people across their kiwifruit orchard and post-harvest operations in Bay of Plenty, Coromandel...
Total revenue of $236.9m, an increase of 16% on pcp Net profit after tax of $6.9m, an increase of 3% on pcp EBITDA of $34.5m, an increase of 4% on pcp Dividend of $0.12 per share declared Te Puke, 26 February 2019: Seeka Limited (NZX-SEK), a listed New Zealand produce handler with operations in New Zealand...
Te Puke, 25 February 2019: Seeka Limited (NZX-SEK), a listed New Zealand produce handler with operations in New Zealand and Australia, has today announced that a dividend of $0.12 per share has been declared by Seeka's Board. The dividend comprises a normal dividend of $0.08 per share (following Board policy on a pre NZ IFRS 16 basis) and a...
Seeka Limited [NZX:SEK] advises that it has today completed further property sales of its Northland orchard portfolio totalling $10.1m. The sales completed today brings the total gross sales completed to date to $51.7m and the gain on sale to $6.1m. Seeka notes that the adoption of NZ IFRS 16 Leases has the impact of reducing the reported gain on...
PMA Australia-New Zealand (PMA A-NZ) and Produce Plus Magazine are pleased to announce Seeka Limited as the sponsor of the Marketer of the Year Award (MOYA) in 2020. Now in its ninth year, MOYA celebrates outstanding achievement in the field of marketing within the Australasian fresh fruit, vegetable and floral industries. A...
Seeka is proud to partner with Emirates Team New Zealand as a Contributor to the team’s 36th America’s Cup Defence being hosted in Auckland over the summer of 2020/2021. Sporting success starts with the right ingredients and Seeka will be keeping the team fuelled by supplying power-packed fresh fruit and vegetables throughout the...
Te Puke, 30 September 2019: Today Seeka Limited (NZX-SEK) launched SeekaFresh, the company's rebranded wholesale market and distribution service, in Mt Wellington, Auckland. The launch reflects the revitalisation of Seeka’s fresh produce business that provides a variety of locally grown and imported seasonal fruit and vegetables to...
Seeka Limited [NZX:SEK] has entered into an agreement to sell a 20 canopy hectare Kerikeri SunGold kiwifruit orchard to Booster’s listed Private Land & Property Portfolio [“PLPP”], which is the sole investment of the recently listed Private Land and Property Fund [NZX:PLP]. The sale for $15.5m (plus GST if any), payable on...
Seeka's Chief Executive, Michael Franks, is pleased to announce the appointment of a new General Manager SeekaFresh, Verena Cunningham. Ms. Cunningham will lead Seeka's Auckland and Christchurch operations including the marketing and sales of all New Zealand grown produce. As part of her role she will assist the Seeka Chief Executive and...
Seeka Limited (NZX: SEK) updates the market on current year guidance, following lower than expected crop volumes across Australia and New Zealand. The effect is industry wide, and reflects unseasonably hot and dry growing conditions which have led to a smaller size profile and total crop volume in both Australia and New Zealand. In New Zealand...
Seeka announce the launch of its Grower loyalty Share Scheme offer approved by special resolution of Shareholders on 14 February 2019. That Seeka: (a) issue up to 2,600,000 ordinary shares of Seeka, at the issue price pursuant to the Grower Loyalty Share Scheme; (b) make the loans required pursuant to the Scheme to fund the issue price of...
Seeka Limited today announced that is has agreed to purchase kiwifruit orcharding, packing and coolstore business and assets of Aongatete Coolstores Limited in the Bay of Plenty for $25m. Seeka Chief Executive, Michael Franks said the acquisition was aligned to the company's growth strategy and builds on Seeka's kiwifruit foundation....
Capital raising Seeka Limited [NZX:SEK] has today announced a new capital raising strategy to be implemented over the course of the next 3 years, including a Rights Issue, an issuance of shares under a new Grower Share Scheme and an issuance of shares under Seeka’s existing Employee Share Ownership Scheme. The purpose of this capital...
Seeka Limited [NZX:SEK] has announced plans to invest $18m in its Northland post harvest business over the next three years. Seeka is investing in new post harvest capacity, packing machines, packing shed and coolstores in Kerikeri. The investment will significantly lift the capacity of the business and give growers better harvest timing across...
Seeka Limited [NZX:SEK] advises that it has today released an information memorandum and process to sell nine orchards, including the six orchards recently acquired from Turners and Growers Horticulture Limited. The Northland property portfolio covers 288 hectares. The process is set to run for five weeks with the current timetable calling...
T&G GLOBAL AND SEEKA REACH AGREEMENT OVER KIWIFRUIT OPERATION AND ASSETS IN NORTHLAND T&G Global Limited (T&G) has reached an agreement regarding the sale of its Kerikeri-based kiwifruit orchards, packhouse facilities and assets to Seeka Limited (Seeka). The agreement, valued at approximately $40 million will see Seeka purchase...
The Seeka Stakeholders Update will be held 3pm Wednesday 18 October at Seeka Head Office, 34 Young Road, Te Puke . Please RSVP here if you will be...
Seeka Limited (NZX-SEK) has announced its unaudited financial results for the six months ended 30 June, 2017. Net profit after tax (NPAT) of $11.09m for the six months to June 30, 2017 was up 56% on the $7.12m reported in the previous corresponding period (PCP). The result reflected improvements from Seeka Australia’s earnings and the...
Grand Opening Video Release The new Seeka Grower Centre was officially opened on March 30th 2017. Please click the video below to view the opening ceremony and inside the new facility, further information can be found in the media release...
Media Release Te Puke, 30 March - Seeka Ltd’s iconic new head office in the kiwifruit heartland of Te Puke was opened today by the Maori King, HM Kiingi Tuheitia. The ceremony was attended by Trade Minister Todd McClay and some 700 growers, local government officials and community leaders. Seeka has spent more than a year and $4...
Media Release Seeka delivers record $10.4m profit for 2016, up 143% on previous year Te Puke, 27 February -- Seeka (NZX-SEK) has announced an audited net profit after tax of $10.4 million for the 12 months to 31 December, 2016, up 143 per cent on the previous corresponding period (PCP). Turnover increased 24 per cent to $229.4 million, while...
MEDIA RELEASE Seeka launches commercial planting programme for new GEM Avocado variety Te Puke, 13 December - Seeka (NZX-SEK) has launched the first phase of the commercial planting programme for its new GEM Avocado variety, which has already drawn strong interest from potential growers. Seeka acquired the New Zealand rights to the variety...
11 November Seeka settles insurance claim, updates earnings guidance Seeka limited [NZX:SEK] advises that it has reached agreement with insurers for the settlement of its insurance claim for losses associated with the mitigation efforts after the fire at its Oakside facility in 2015. Under the...
Media Release Seeka launches a rebrand to reflect its growth into a diversified produce company Te Puke, October 21 - New Zealand and Australia’s largest kiwifruit grower today announced a major name change and rebrand to reflect its evolution into a leading premium produce company. Te Puke-headquartered Seeka Kiwifruit Industries Limited...
MEDIA RELEASE Seeka announces the purchase of the Kiwi Crush™ and Kiwi Crushies™ product ranges from Vital Food Processors Ltd. Te Puke, 31 August - Seeka Kiwifruit Industries (NZX-SEK), New Zealand’s and Australia’s largest kiwifruit grower, today announced the purchase of the Kiwi Crush and Kiwi Crushies product ranges...
26 August 2016 MEDIA RELEASE Seeka reports $7.1 million net profit for June half year, up 92 per cent TE PUKE, 26 August - Seeka Kiwifruit Industries (NZX-SEK) today announced unaudited results for the six months ended June 30, 2016. Net profit after tax (NPAT) of $7.1m for the six months to June 30, 2016 was up 92 per cent on the $3.7...
22 June 2016 Seeka handles record volumes Seeka Kiwifruit Industries Limited [Seeka NZX:SEK] advises that it has completed kiwifruit packing operations in Australia and New Zealand for the 2016 season. The Company has handled record volumes in the packing season, with more than 30M trays handled in New Zealand for the first time. Seeka now heads...
Seeka’s avocado policy pays off for its growers with improved returns Te Puke, 26 May, 2016 -- Seeka Kiwifruit Industries’ commitment to its avocado growers has paid off with average export returns of $26.86 per export tray for the 2015-16 season, well up on last season’s $16.64 per export tray. “Our growers have done a...
Seeka leads the way in developing a non-invasive UV testing technology 22 April 2016 Te Puke, April 22 - Seeka Kiwifruit Industries, working in conjunction with Zespri, has led the way in developing a non-invasive UV testing technology to check trays of export kiwifruit potentially affected by lubricant oil contamination. Seeka is one of a...
The Ministry of Primary Industries is calling for submissions to proposed amendments to the Kiwifruit Regulations 1999. In doing so it has commissioned an independent review of Kiwifruit New Zealand, the proposed changes are contained in two documents that you can download here; Scrimgeour Locke Kiwifruit Report 11 Nov 15 Final Proposed...
NZX Release Seeka acquires a new head office site on land currently occupied by Kiwi360 Te Puke, December 18 - Seeka Kiwifruit Industries Ltd [NZX:SEK] has announced a series of property transactions. These include the acquisition of land currently leased by Te Puke kiwifruit tour operator Kiwi360,...
Media Release Seeka submits insurance claim for Oakside fire fruit damage Tauranga, October 21 - Seeka Kiwifruit Industries (NZX-SEK) has submitted a multi-million dollar insurance claim for fruit losses attributable to the fire that severely damaged its Oakside packing facility in Te Puke in March. Seeka had already lodged claims in June to...
18 August 2015 Seeka Kiwifruit Industries Six Months to 30 June 2015 [Unaudited] Directors and management are pleased to present Seeka’s financial results for the six months to 30 June 2015. It was a challenging six months for the Company with a fire significantly damaging Seeka’s...
Seeka Kiwifruit Industries Limited [NZX:SEK] NZX/Media Release Date: 5 August 2015 Seeka to acquire Australian produce business Bunbartha Fruit Packers Listed produce company. Seeka Kiwifruit Industries Limited (“Seeka”) today announced that it has entered into an agreement to acquire the kiwifruit and orcharding business and assets...
Seeka reports record crop volumes handled for 2014-15 harvest Seeka Kiwifruit Industries has packed a record number of trays in the just-completed 2015 kiwifruit harvest, handling more than 26.3 million class 1 export trays, compared to 20.0 million class 1 trays in 2014. The total volume of all classes of kiwifruit is expected to exceed...
Seeka is a proud sponsor of TEDx Tauranga. TEDx is a program of local, self organised events that bring people together to share a TED-like experience. Ultimately, TEDx is the opportunity for local speakers and audience to come together to find ideas worth spreading. TEDxTauranga 2015 When? Saturday 25 July 2015, 10:00 am...
MEDIA RELEASE Seeka’s commitment to innovation drives top avocado returns Tauranga, June 16 - Seeka will harvest all of next season’s crop for its avocado growers using the new efficient blue plastic bins it has been introducing as part of its commitment to innovation, says Chief Executive Michael Franks. Seeka currently has 6,000...
Media Release Orchard management saved hail-damaged kiwifruit crop. TAURANGA, May - A Tauranga kiwifruit orchard devastated by hail late last year saved almost all of its export crop as a result of the decision to allow the orchard to regenerate rather than cut and remove the damaged vines. “I’m still in a state of shock as...
SEEKA MEDIA RELEASE Seeka reports second consecutive year of top returns for avocado growers Tauranga, May 5 - Seeka Kiwfruit Industries has reported its second consecutive year of well above industry average Orchard Gate Returns (OGR) for its avocado growers. To date, returns for the 2014-15 season have Seeka’s avocado growers being...
MICHAEL’S UPDATE The Kiwistart component of the 2015 season is drawing to a close. Seeka had an excellent start and processed its highest volumes over this period for the last five years.The season is structured so that the first part of the season is “first-past the-post” and effectively any fruit that is...
Stop Press - Seeka Lowers Price! Seeka Growers today endorsed changes to the charges that Seeka will charge its supplying growers for the 2015 season. These changes responsibly ensure that growers are not double charged for the services provided to you. The changes arise as the Industry adjusts its pack differential mechanism – the payments...
MICHAELS UPDATE Welcome to Seeka’s 2015 staff letter. This is a new initiative to improve the communication flows about the things that are happening in your company. The quarterly updates and emails out into the company when there is a special event or interest item will continue as normal. The recovery from the Oakside...
Media release Seeka advises of post-harvest fire TAURANGA, 5 March, 2015 — Seeka Kiwifruit Industries Ltd (NZX-SEK) advises that a significant fire occurred at its Oakside Post-Harvest site overnight. No people were injured in the fire that is understood to have taken hold around midnight on the evening of 4 March. The cause of the fire is...
Seeka announces improved 12 month financial results and dividend TAURANGA, 2 March, 2015 — Seeka Kiwifruit Industries Ltd (NZX-SEK) has announced its audited financial results for the year ended 31 December 2014, with net profit after tax totalling $3.17 million, up 38 per cent on the previous year’s $2.3 million. The net...
MEDIA RELEASE Seeka announces record returns for Class 2 kiwifruit into Australia TAURANGA, 15 December — Seeka Kiwifruit Industries Ltd (NZX:SEK) has delivered record returns to growers from its SeekaFresh programmes, primarily into Australia, the company said today. In its latest grower forecast, Seeka said that Class 2 returns per...
MEDIA RELEASE Seeka announces competitive base pricing for packing 2015 kiwifruit harvest TAURANGA, [28 November] — Seeka Kiwifruit Industries Ltd (NZX:SEK) has laid down the gauntlet to other post-harvest operators with the release to growers of a highly competitive base pricing structure for the 2015 season. The new rates include...
SEEKA MEDIA RELEASE Seeka works to help growers hit by Tauranga hail storms TAURANGA, 10 November — Seeka Kiwifruit Industries Ltd (NZX:SEK) is working to help a group of its growers who have suffered significant damage across both kiwifruit and avocado blocks as a result of two hail storms that hit Tauranga last week. Chief...
Seeka Kiwifruit Industries Six Months to 30 June 2014 [Unaudited] The directors and management are pleased to present Seeka’s financial results for the six months to 30 June 2014. Profit before tax this half year is ahead of the previous corresponding period (pcp) by $1.6m reflecting greater post harvest...
Seeka secures exciting new Avocado variety Seeka has announced that it has successfully negotiated and signed an exclusive New Zealand license with Westfalia Fruit Estates Pty Ltd, to grow and market the new ‘3-29-5’ variety of avocado, marketed under the trademark Gem™. The Gem™ avocado was bred by researchers at...
Seeka announces Glassfields purchase Seeka Kiwifruit Industries Limited advises that it has agreed to purchase Glassfields (NZ) Limited. Glassfields, with operations based in Auckland and opening in Christchurch, provides ripening and delivery services to key retail customers as well as wholesale market services to...
The directors and management are pleased to present Seeka's financial results for the year ended 31 December 2013. The results are better than NZX guidance given to shareholders at their 22 October 2013 meeting, specifically: - Profit before tax, impairments and revaluations totalled $3.33m (guidance range $1.7m to $2.2m); -...
The first Seeka kiwiberry harvest will also see the launch of the new Seeka Composite modular bin. The New Zealand company TCI NZ and Seeka have worked together over the last few years to develop a durable and robust bin that can be used for kiwiberry, kiwifruit and avocados. A process of intense review and...
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