Sanford Ltd. 2020 IR
The report outlines Sanford's performance and strategic navigation through the COVID-19 pandemic during the 2020 fiscal year. Despite a 14% reduction in sales revenue to $468.8 million and a 41% drop in Adjusted EBIT to $38.3 million due to global foodservice disruptions, the company achieved record harvests in salmon and mussels. Sanford successfully completed its seven-year SPATnz Primary Growth Partnership, launched a community support scheme in Stewart Island, and reduced its Total Recordable Incident Frequency Rate by 41%. Additionally, the company advanced its "closer to consumers" strategy, experiencing a 695% growth in domestic online sales.
Company: Sanford Ltd.
Sector: Agriculture, forestry & fishing
Country: New Zealand
Year: 2020
Type: IR
Pages: 162
Sanford Ltd.
The report outlines Sanford's performance and strategic navigation through the COVID-19 pandemic during the 2020 fiscal year. Despite a 14% reduction in sales revenue to $468.8 million and a 41% drop in Adjusted EBIT to $38.3 million due to global foodservice disruptions, the company achieved record harvests in salmon and mussels. Sanford successfully completed its seven-year SPATnz Primary Growth Partnership, launched a community support scheme in Stewart Island, and reduced its Total Recordable Incident Frequency Rate by 41%. Additionally, the company advanced its "closer to consumers" strategy, experiencing a 695% growth in domestic online sales.
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Document Details
Report Year
2020
Reporting Period
Oct 1, 2019 - Sep 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Employees