Company Overview of Zespri Group Limited
Zespri Group Limited, together with its subsidiaries, engages in the growing, sourcing, production, purchase, sale, export, and marketing of fresh kiwifruits in New Zealand, Europe, Japan, China, South Korea, Other Asian countries, and internationally. The company operates through four segments: New Zealand Kiwifruit, Non-New Zealand Supply, New Cultivars, and All other segments. It also sells and administers PVR licenses; and owns lands and buildings. The company markets its kiwifruits under the Zespri Green, Zespri Organic, Zespri Sweet Green, Zespri Sungold, and Zespri Gold brand names. In addition, it is involved in research, marketing, and promotional, and investment services. Zespri Gr...
400-410 Maunganui Road
Mount Maunganui, 3116
Key Executives for Zespri Group Limited
Group Human Resources Manager
Compensation as of Fiscal Year 2017.
Zespri Group Limited Key Developments
Zespri Group Limited Announces Final Dividend for the Year 2017 and Interim Dividend for the Year 2018, Payable on August 18, 2017
Jul 19 17
Zespri Group Limited announced a final dividend of 17 cents per share (fully imputed) for 2017, payable on August 18, 2017 with record date August 11, 2017 and ex-dividend date of August 10, 2017.
The company also announced a 2018 interim dividend 50 cents per share (fully imputed), payable on August 18, 2017 with record date August 11, 2017 and ex-dividend date of August 10, 2017.
Zespri Group Limited Announces Earnings and Operating Results for the Year Ended 31 March 2017; Provides Earnings Guidance for the Financial Year 2017/18
May 25 17
Zespri Group Limited announced earnings and operating results for the year ended 31 March 2017. For the period, the company’s net profit after tax more than doubled from $35.8 million to a record of $73.7 million, mainly due to licence revenue from the SunGold tender in 2016.
For the period, the company reported Zespri Green was $4.36 per tray and $53,555 per hectare against $5.13 per tray and $56,673 per hectare respectively, a year ago. Zespri Organic Green was $6.86 per tray and $54,427 per hectare against $7.18 per tray and $52,917 per hectare respectively, a year ago. Zespri Gold varieties were $8.64 per tray and $98,838 per hectare against $8.21 per tray and $71,080 per hectare respectively, a year ago. Zespri Green14 was $5.79 per tray and $45,853 per hectare against $7.01 per tray and $42,995 per hectare respectively, a year ago.
The company provided earnings guidance for the financial year 2017/18. For the period, the company expects distributable profit range is expected to be $101 million to $106 million, based on the forecast net profit after tax (NPAT) range announced in April 2017.
Zespri to Enhance Production of SunGold Kiwi Fruit in Europe
Feb 9 17
Zespri is planning to allocate an additional 1,800ha of land to increase production of its SunGold kiwi fruit in Europe over the next three years. The company further explained that it initially will be allocating 1,200ha in Italy, and the remaining 600ha will be allocated at a later stage.
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