Integrated New Zealand seafood company Sealord saw revenues and profits increase in financial year 2018, recovering from a year hit by the divestment of its UK business.

The company's revenue began to recover after the previous year's downturn, increasing to 6 percent to NZD 344.4 million (€203.2 million/$232.6 million) in the 12 months to Sept. 30 2018, according to accounts filed under holding company Kura Ltd.

Operating profits also increased, hiking 43 percent to NZD 40.4