Earnings release
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1 20 August 2026 Company announcement Seeka SELECT EXCELLENCE SEEKA SIX MONTHS UNAUDITED INTERIM RESULTS 30 JUNE 2026 Seeka [ NZX : SEK ] reports its unaudited results for the six months ended 30 June 2026 , along with its interim dividend and increased full year earnings guidance . AT A GLANCE Revenue $ 305.5 million - - down 1 % on the previous corresponding period to 30 June 2025 ( pcp ) EBITDA $ 86.3 million — up 3 % on pcp NPBT $ 62.6 million - up 5 % on pcp NPAT $ 45.4 million ― up 20 % on pcp Dividend $ 0.20 per share ― to be paid 15 October 2026 , record date 18 September 2026 Forecast full year NPBT guidance range increased to between $ 39.0 million and $ 43.0 million COMMENTARY Seeka's Board and management are pleased to present Seeka's Interim results for the six months ended 30 June 2026 , with Seeka achieving a record six month $ 62.6 million net profit before tax , 5 % higher than the previous corresponding period ( pcp ) . Seeka chief executive Michael Franks says Seeka's investments in post harvest automation delivered efficiency gains , lifted margins , and improved service to customers . " Seeka's earnings increased despite higher input costs and a seasonal reduction in fruit volumes grown and handled in New Zealand and Australia . Net profit after tax of $ 45.4 million is 20 % up on the pcp's $ 37.8 million . " Seeka has continued to reduce debt and build balance sheet resilience . Net bank debt of $ 119.8 million is $ 10.8 million lower than June 2025 and $ 51.1 million lower than June 2024. Debt was further reduced in July 2026 , when Seeka banked $ 55.0 million in line with normal seasonal cash flow . " Seeka advanced its strategy to operate a portfolio of highly automated facilities in the regions where the fruit is grown . Seeka's post harvest business benefitted from investment in new technology , programmed maintenance , and automation . This included new Reemoon packing solutions , which in the first season delivered results ahead of forecast and have an outlook for further improvement as Seeka refines application of this new technology . " Seeka has continued to build financial resilience with its leverage ratio at 1.22x , which is significantly lower than June 2025's ratio of 1.60x . Both are well within the targeted range for the company . " Seeka has lifted post harvest performance and margins on lower kiwifruit volumes handled . While it is too early to make a reliable prediction on the 2027 crop , 2026 winter chill has been good which lifts the probability of a good kiwifruit season in 2027 . " Seeka has the facilities , coolstore capacity , and systems to handle an increase in New Zealand kiwifruit volumes , and is considering future capacity and growth opportunities , " says Franks . DIVIDEND A dividend of $ 0.20 per share was announced on 19 August 2026. The record date is 18 September 2026 and payment will be on 15 October 2026. The dividend is fully imputed and the dividend reinvestment plan will apply . INTERIM RESULTS ANNOUNCEMENT JUNE 2026 | SEEKA LIMITED