Seeka Provides First Earnings Guidance for 2025

16 June 2025
Seeka Provides First Earnings Guidance for 2025
Seeka Limited [NZX:SEK] advises that the kiwifruit harvests for both New Zealand and
Australia have been substantially completed for 2025. While Seeka handles a number of
produce varieties, kiwifruit underpins the financial performance of the business.
Total kiwifruit class 1 trays in New Zealand packed in 2025 of 47.0m trays compares to
43.0m in the previous year. Fruit quality has been good, and improved labour availability has
enabled a smooth harvest able to process the crop at close to its optimum. While rain has
impacted recent operations, this has not been a significant factor in harvest timing.
In Australia, Seeka harvested 2.25m kgs of kiwifruit – a similar volume to the previous year.
The fruit in Australia is selling well alongside the other pears, nashi and jujube varieties.
Seeka has assessed its financial outlook for the year upon the completion of harvest noting
it operates a seasonal business with a number of continuing operations which could impact
on earnings later in the year.
Seeka expects profit before tax to be in the range of $33.0m to $37.0m for the 2025
financial year compared to the previous year’s $29.7m. Seeka notes that this is an early
forecast and it will keep the market updated of any significant variation.
Seeka intends to announce its 6 month results to 30 June 2025 on 20 August.
Seeka takes this opportunity to thank all staff, contractors and growers for their support on
the end of a successful harvest.

Release ends.

For further information please contact:

Michael Franks Seeka Chief Executive Officer +64 21 356 516
Nicola Neilson Seeka Chief Financial Officer +64 21 841 606