Zespri Global Operating Revenue Exceeds $2.5 Billion; Dan Mathieson and Bruce Cameron Comment
NEW ZEALAND - Zespri is making company history as it recently announced that its global revenue for the 2021/22 season exceeded $4 billion NZD ($2.58 billion USD) for the first time. Despite ongoing challenges throughout the supply chain, the kiwifruit distributor wielded a record crop, investments, and brand-led demand to deliver the historic result.
“This is a really pleasing result given how significant the challenges we faced in the 2021/22 season were,” explained Chief Executive Officer Dan Mathieson. “Exporters right around the world have been tested, and our industry again rose to the challenge to deliver strong results in the toughest of circumstances. We were able to succeed because of the hard work growers, suppliers, our partners and the whole Zespri team put in to ensure that we could adapt and deliver a quality product that more and more consumers want.”
In total, Zespri’s global operating revenue hit $4.47 billion NZD ($2.88 billion USD), up 15 percent from last year, a release stated. On top of that, other highlights included:
- Zespri global fruit sales revenue was $4.03 billion NZD ($2.6 billion USD), up 12 percent from the previous year
- Total global trays sold were 201.5 million, an increase of 11 percent
- Zespri’s net profit after tax was $361.5 million NZD ($233.4 million USD)
Zespri Chairman Bruce Cameron says the results reflect an incredible effort across the industry to continue to operate safely throughout the challenges presented by the pandemic.
“This was an extraordinary season where the industry faced some considerable headwinds in market, throughout the supply chain and on orchard, yet collectively we found a way to tackle the challenges and to continue to succeed,” he said. “Most pleasingly, not only have we delivered strong returns for growers including our second-highest per hectare returns, we’ve strengthened our partnerships across our global supply chain, continued to make positive contributions to our communities and made decisions as an industry to set ourselves up for sustained success.”
Click here to read the rest of the kiwifruit purveyor’s 2021/22 season results.
With this milestone under its belt, what’s next for Zespri when it comes to growth? Only time and AndNowUKnow will tell, so keep reading.