Sanford ponders vertical integration or selling off its tuna business after disappointing sales
SEAFOODNEWS.COM [Radio New Zealand] November 20, 2014
Lower prices for skipjack tuna has meant the firm's full-year profit came in below expectations at more than $22 million, up 10 percent.
Overall group sales fell 2.2 percent to about $452 million.
Chief executive Volker Kuntzsch said pulling out of the Pacific tuna sector depended on finding a buyer for two of its vessels...
To Read Full Story Login Below.