New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>We expect Sanford (SAN) to report positive traction across its divisions supported by continued strength in seafood prices, when it reports its 1H23 result on 22 May 2023</li><li>SAN has not provided interim or full year earnings guidance.</li><li>Key focus areas for investors are (1) signs of margin recovery in the mussel division, (2) cost pressures, (3) debt position, and (4) an update on its capital investment program. </li></ul>

We expect Sanford (SAN) to report positive traction across its divisions supported by continued strength in seafood prices, when it reports its 1H23 result on 22 May 2023SAN has not provided interim or full year earnings guidance.Key focus areas for investors are (1) signs of margin recovery in the mussel division, (2) cost pressures, (3) debt position, and (4) an update on its capital investment program. 

Sanford: 1H23 Preview — Catching the Tide

Sanford Limited

Sanford: 1H23 Preview — Catching the Tide