A big turnaround for fisheries company Sanford with the reveal of their latest profits.  

They’ve reported an after-tax profit of $63.7 million – a 224% increase for the year to September.  

Cash flow was also up 85%, helping cut debt by nearly half to $93.4 million. 

Sanford Managing Director David Mair told Mike Hosking that by focusing on customers, they’re turning the business around.  

LISTEN ABOVE 

A big turnaround for fisheries company Sanford with the reveal of their latest profits. &nbsp;
They’ve reported an after-tax profit of $63.7 million – a 224% increase for the year to September. &nbsp;
Cash flow was also up 85%, helping cut debt by nearly half to $93.4 million.&nbsp;
Sanford Managing Director David Mair told Mike Hosking that by focusing on customers, they’re turning the business around. &nbsp;
LISTEN ABOVE&nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

David Mair: Sanford Managing Director on profits surging 224% and reducing debt by half

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/42f344ff-635b-4e1a-8483-b3990188fbaf/transcript