Seeka Limited/Announcement
Seeka Limited logo

Seeka confirms market guidance

Guidance1 December 2021SEKConsumer Staples

1 December 2021
Seeka confirms market guidance

Seeka Limited [NZX:SEK] updates its financial guidance for the 2021 financial year. Seeka has

provided guidance on current year earnings twice, one without settlement of the kiwifruit claim

against the Crown and one with a settlement.

Seeka advises that the High Court has approved the proposed distribution methodology to Claimants

of the net settlement funds from the kiwifruit claim. Seeka expects to receive a one-off gain from

the settlement.

The current market guidance range including a settlement is a net profit before tax of between

$22.0m and $24.0m. Seeka’s expectation is that the net profit before tax for the year ending 31

December 2021 is likely to be at the upper end of this guidance.

Release ends:

For further information please contact:

Michael Franks Seeka Chief Executive 021356516

Stuart McKinstry Seeka Chief Financial Officer 0212215583

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.