Seeka Limited Ordinary Shares

SEK.NZX

Consumer Staples

Seeka is an integrated horticultural and produce company that grows, processes, distributes and markets high quality produce to world markets. An international business based in New Zealand focused on orchard-to-market excellence. Seeka's core business is kiwifruit and it is a key supplier of New Zealand fruit to the global kiwifruit trade, via marketer Zespri, with around 21% market share. Seeka has invested capital to increase supply and processing capabilities as the industry anticipates growth with new gold kiwifruit variety. Seeka continues to expand its product portfolio and capture value in emerging markets such as avocados while growing its geographical reach - now operating in Australia and Northland in addition to the Hawkes Bay, Bay of Plenty and the Coromandel. Seeka has a dominant market share with its Australian grown kiwifruit being supplied to local and export markets and nashi supplied to the local market. Seeka provides an investment entry point to New Zealand kiwifruit and avocados and is poised for further growth.

Market Data

Price

$4.860

-0.0%
Market Cap

$216.8M

P/E Ratio

6.7x

EPS

$0.730

Div. Yield

7.09%

52-Week Change

+0.2%

Latest Earnings

Seeka Releases its 2026 Sustainability Report

30 June 2026

Seeka Limited released its 2026 Sustainability Report, detailing environmental, social, and governance progress for the 2025 operating year. The company achieved its key milestone of a 30% reduction in net market-based category 1 and 2 GHG emissions from the 2022 base year (down to 7,071 tCO2e), aided by Renewable Energy Certificates, coolstore refrigerant upgrades, and solar expansion. Total gross emissions fell 10% to 23,951 tonnes CO2e, and Seeka surpassed its 2025 targets for EV/hybrid fleet penetration (18% vs 15% target) and solar capacity (1,165kW vs 1,000kW target). Key points: Achieved the 30% net market-based category 1 and 2 GHG emissions reduction target from the 2022 base year, reducing to 7,071 tCO2e (aided by purchasing and retiring Renewable Energy Certificates).; Total gross GHG emissions fell 10% year-on-year to 23,951 tonnes CO2e in 2025, from 26,682 tonnes CO2e in 2024, primarily due to reduced airfreight use.; Surpassed the 2025 electric/hybrid vehicle fleet target, reaching 18% penetration versus a 15% target.

Recent Announcements

30 Jun 2026 Actual Results Positive

Seeka Releases its 2026 Sustainability Report

Seeka Limited released its 2026 Sustainability Report, detailing environmental, social, and governance progress for the 2025 operating year. The company achieved its key milestone of a 30% reduction in net market-based category 1 and 2 GHG emissions from the 2022 base year (down to 7,071 tCO2e), aided by Renewable Energy Certificates, coolstore refrigerant upgrades, and solar expansion. Total gross emissions fell 10% to 23,951 tonnes CO2e, and Seeka surpassed its 2025 targets for EV/hybrid fleet penetration (18% vs 15% target) and solar capacity (1,165kW vs 1,000kW target). Key points: Achieved the 30% net market-based category 1 and 2 GHG emissions reduction target from the 2022 base year, reducing to 7,071 tCO2e (aided by purchasing and retiring Renewable Energy Certificates).; Total gross GHG emissions fell 10% year-on-year to 23,951 tonnes CO2e in 2025, from 26,682 tonnes CO2e in 2024, primarily due to reduced airfreight use.; Surpassed the 2025 electric/hybrid vehicle fleet target, reaching 18% penetration versus a 15% target.

17 Jun 2026 Guidance Neutral

Seeka Provides First Earnings Guidance for 2026

Seeka Limited has provided first earnings guidance for 2026, expecting net profit before tax of $38.0-$42.0 million (down from $47.5 million in 2025), reflecting lower kiwifruit volumes in both New Zealand (45.4 million trays vs 47.1 million) and Australia (2.25 million kg, down 14%), partially offset by automation efficiency gains.

16 Apr 2026 Insider Neutral

D&O Ongoing Disclosure Notices - Multiple

Four directors and senior managers of Seeka Limited acquired ordinary shares on 15-Apr-26 through the company's Dividend Reinvestment Plan: Mark Dewdney (510 shares, $2,451.08), Cecilia Tarrant (539 shares, $2,592.52), Michael Gilbert Franks (11,942 shares, $57,393.64), and Nicola Jane Neilson (626 shares, $3,009.89).

16 Apr 2026 Actual Results Neutral

Seeka Provides the Results of Meeting – ASM

Seeka Limited held its Annual Shareholder Meeting on 15 April 2026, where all three ordinary resolutions were passed by strong majorities. Shareholders re-elected Hayden Cartwright (98.19% for) and Cecilia Tarrant (96.37% for) as Directors, and approved the re-appointment of Grant Thornton as auditor (99.91% for). This is a routine governance announcement with no financial results or earnings data disclosed. Key points: All three ordinary resolutions passed with strong shareholder support; Hayden Cartwright re-elected as Director with 98.19% of votes in favour; Cecilia Tarrant re-elected as Director with 96.37% of votes in favour

15 Apr 2026 Supplementary Neutral

Seeka Provides ASM Presentation

Seeka held its Annual Shareholder Meeting on 15 April 2026, reporting record financial performance with $440m revenue (up 7%), $96m EBITDA (up 26%), and $47.5m profit before tax (up 60%), while declaring increased dividends of 30 cents per share plus an additional 25 cents paid in 2026.

15 Apr 2026 Neutral

Notice of Issue of Securities

Seeka Limited issued 413,904 ordinary shares on 15 April 2026 at $4.81 per share under its Dividend Reinvestment Plan for a $0.25 per share dividend, representing 0.94% of the total share class and bringing total outstanding shares to 44,607,242.

13 Apr 2026 Neutral

Seeka Advises the DRP Strike Price

Seeka Limited announces a strike price of $4.8061 per share for its Dividend Reinvestment Plan (DRP) applying to the dividend payable on 15 April 2026, calculated from the volume weighted average sale price over 19 March to 10 April 2026, less a 2.0% discount.

16 Mar 2026 Neutral

Seeka Provides the Notice of Meeting – ASM

Seeka Limited has announced its 2026 Annual Shareholders Meeting scheduled for 15 April 2026 at Seeka360 in Te Puke, New Zealand (with online option), where shareholders will vote on the re-election of directors Hayden Cartwright and Cecilia Tarrant, re-appointment of Grant Thornton as auditors, and receive the 2025 Annual Report and Financial Statements.

27 Feb 2026 Actual Results Positive

Seeka Announces its 31 December 2025 result

Seeka Limited delivered a record full year result for FY25, with revenue up 7% to $440M and EBITDA up 26% to $96M, driven by a record 47.1 million NZ kiwifruit trays packed and strong operational performance across all segments. Net profit after tax surged to $32.0M (up 50% on normalised FY24), with EPS of 76 cents and a $0.25 per share dividend declared for April 2026. The balance sheet strengthened materially with net bank debt reduced by $37M to $100.3M, and management enters 2026 with confidence though formal volume guidance is not yet available. Key points: Record NPAT of $32.0M, up 50% on normalised FY24 ($21.2M), driven by a record 47.1M NZ kiwifruit trays packed — up 10% year-on-year; EBITDA grew 26% to $95.9M and gross profit expanded 20% to $125.9M, reflecting strong operating leverage and cost discipline through automation; Net bank debt reduced by $37M (27%) to $100.3M; net leverage ratio improved to 1.30x from 2.15x in FY24, and down from $172.4M at end of 2023

26 Feb 2026 Neutral

Seeka Announces 25 cent Dividend

Seeka Ltd (NZX:SEK) announced a fully imputed dividend of 25 cents per share, payable on 15 April 2026 to shareholders on record as of 20 March 2026. A dividend reinvestment plan (DRP) will apply with a 2% discount to the volume-weighted average price.

Get real-time alerts for SEK

Receive AI-powered earnings summaries and instant notifications when Seeka Limited Ordinary Shares releases results.

Register Free