Seeka Increases Forecast Full Year Earnings Guidance

17 September 2025
Seeka Increases Forecast Full Year Earnings Guidance
Seeka Limited [NZX:SEK] upgrades its earnings guidance to the market to between $39.0m
and $43.0m at a profit before tax level compared to previous forecast earnings guidance of
between $35.0m and $39.0m.
The Company has continued to trade well through the third quarter with improved earnings
in its New Zealand Post-Harvest and Retail Services (SeekaFresh) businesses and continued
strong performance in its orcharding and Australian businesses.
The Company has continued to focus on cost efficiencies and has realised planned returns
from automation and operating at scale. All operating departments have performed
favourably compared to 2024.
Alongside programmed capital maintenance, Seeka has continued its investment in
automation with two new packing machines ordered to be commissioned ahead of the 2026
harvest. Seeka has continued to reduce debt with its capital management strategy, which
will see the Company continuing to operate well within banking covenant levels.

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