'Costs, costs and costs': Seas are still choppy, but New Zealand seafood giant Sanford is positive its 'realignment' will make for smoother sailing

New Zealand seafood companies have faced devastating labor shortages and increased costs across the board, but Sanford's work to shift its strategy seems to finally be putting it on firmer ground.

'We are well on our way to returning to the growth we were experiencing pre-COVID with our profitability up 73 percent versus 2021,' said Sanford CEO Peter Reidie.
'We are well on our way to returning to the growth we were experiencing pre-COVID with our profitability up 73 percent versus 2021,' said Sanford CEO Peter Reidie.Photo: Sanford
Published 23 January 2023, 04:00Updated 23 January 2023, 21:41