date:Aug 20, 2015
under inflationary pressure and per tray orchard returns volatile.
New business delivers incremental earnings despite being seasonally affected. The New Zealand banana business remains very competitive with large volumes of fruit depressing wholesale prices resulting in lower than anticipated returns to Glassfields. New supply lines to retail have opened for domestic supply of kiwifruit and avocados. SeekaFresh earnings have been affected by an earlier avocado selling season and lower volumes.