Sounds like a promising acquisition but shouldn't they have provided details on the financial position of the business? What earnings can we expect from this?
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http://www.nbr.co.nz/article/zespri-...upply-b-193708
Profit downgrade in the offing?
My first thought was that it could be a good means for turning excess and low quality fruit (that would otherwise be unsellable) into product. The question then is whether anyone actually buys the Kiwi Crush range - I've seen them in the supermarket for years but never thought to pick up a box. I'd love to know what their sales volumes are like. Straw poll: has anyone here ever bought them?
nice to see companies moving into value add in there supply chain
Interesting to see that SEK's SP is not dropping after going XD, albeit on low volume. Makes the DRP at $4.27 a good bet :-)