Seeka confirms market guidance
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
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