Latest news with #Seeka
Scoop
10 hours ago
- Business
- Scoop
Seeka Forecasts Strong Profit Growth On Back Of Bumper Kiwifruit Harvest
Seeka Limited [NZX:SEK] has released its first earnings guidance for the 2025 financial year, forecasting a profit before tax of between $33.0 million and $37.0 million — an increase from $29.7 million in 2024. The projected uplift in earnings reflects a strong kiwifruit harvest volumes along with continued solid performance across Seeka's New Zealand and Australian operations. In New Zealand, Seeka packed 47.0 million trays of class 1 kiwifruit, a 9.3% uplift from the 43.0 million trays packed the previous year. Improved fruit quality and increased labour availability allowed the business to optimise the harvest period and maximise throughput, despite some recent weather-related delays. In Australia, the company harvested 2.25 million kilograms of kiwifruit — a stable result in line with 2024. Australian-grown kiwifruit continues to perform well in-market, complemented by Seeka's diversified produce range including pears, nashi and jujube. Seeka CEO Michael Franks acknowledged the contribution of the company's people and grower network in achieving a successful harvest. 'This year's result is a testament to the resilience and commitment of our teams. Our operations ran smoothly, we had ample capacity across out 11 sites and the quality of the crop has positioned us well for a solid financial performance,' said Franks. While Seeka acknowledges this is an early forecast, the company is confident in its trajectory and will continue to monitor performance closely. Further updates will be provided if there are any material changes to guidance. Seeka will release its interim results for the six months ending 30 June 2025 on 20 August 2025.
Scoop
2 days ago
- Business
- Scoop
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.
Yahoo
20-05-2025
- Business
- Yahoo
Seeka (NZSE:SEK) shareholders have earned a 82% return over the last year
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Seeka Limited (NZSE:SEK) share price is up 72% in the last 1 year, clearly besting the market return of around 4.9% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! In contrast, the longer term returns are negative, since the share price is 20% lower than it was three years ago. So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns. We've discovered 3 warning signs about Seeka. View them for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last year Seeka grew its earnings per share, moving from a loss to a profit. When a company is just on the edge of profitability it can be well worth considering other metrics in order to more precisely gauge growth (and therefore understand share price movements). However the year on year revenue growth of 37% would help. Many businesses do go through a phase where they have to forgo some profits to drive business development, and sometimes its for the best. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Seeka, it has a TSR of 82% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. It's nice to see that Seeka shareholders have received a total shareholder return of 82% over the last year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 2% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should learn about the 3 warning signs we've spotted with Seeka (including 2 which are significant) . If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on New Zealander exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
20-05-2025
- Business
- Yahoo
Seeka (NZSE:SEK) shareholders have earned a 82% return over the last year
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). For example, the Seeka Limited (NZSE:SEK) share price is up 72% in the last 1 year, clearly besting the market return of around 4.9% (not including dividends). If it can keep that out-performance up over the long term, investors will do very well! In contrast, the longer term returns are negative, since the share price is 20% lower than it was three years ago. So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns. We've discovered 3 warning signs about Seeka. View them for free. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last year Seeka grew its earnings per share, moving from a loss to a profit. When a company is just on the edge of profitability it can be well worth considering other metrics in order to more precisely gauge growth (and therefore understand share price movements). However the year on year revenue growth of 37% would help. Many businesses do go through a phase where they have to forgo some profits to drive business development, and sometimes its for the best. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Seeka, it has a TSR of 82% for the last 1 year. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. It's nice to see that Seeka shareholders have received a total shareholder return of 82% over the last year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 2% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should learn about the 3 warning signs we've spotted with Seeka (including 2 which are significant) . If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on New Zealander exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
