ZGL Zespri Group Limited

Description:
*
"ZESPRI is owned by more than 2500 New Zealand kiwifruit growers. They are as determined as the company’s board, management and staff to continue to attain and improve the quality benchmarks that consistently earn ZESPRI™ products a premium position with customers and consumers. Growers overwhelmingly continue to support the unique single market entry structure, with ZESPRI as their chosen marketer.
Like any good team, all of the players have a common goal – to succeed, and succeed well.

ZESPRI is headquartered, with a network of global market offices, in Mount Maunganui in the Bay of Plenty kiwifruit heartland. The company employs nearly 200 people and the brand and its staff champions are very much in evidence around the world. We’re not mere buyers, sellers and distributors – from orchard to market, we’re team players, ready to back up, build combinations with and support other equally dedicated partners.

ZESPRI’s policy is to recruit and retain qualified people who understand local conditions and the markets in which the company operates. The focus of ZESPRI people is on building both supplier and customer relationships with the aim of creating business growth for everyone in the chain from orchard to market.

ZESPRI’s distribution and marketing networks are segmented to meet the needs of specific markets and individual customers, from large supermarket chains to wholesalers. Building on long-term relationships and marketing programmes, ZESPRI provides direct customer support and increases awareness of the brand and its values to achieve mutually successful sales results."

Website: http://www.zespri.com/ 

Recent announcements: click here

 

 

 

 

Financials

Year

 

2003

2004

2005

2006

Average GR

Compounding GR

Gross growth rates

 

 

 

 

Revenue

 

 

6%

13%

-3%

16%

4%

NPAT

 

 

59%

16%

-0.12%

75%

16%

Total Assets

 

 

14%

48%

0%

63%

14%

Net Assets

 

 

53%

43%

-6%

90%

20%

Per Share figures and growth

Earnings

 

 $      0.68

 $      1.08

 $          1.07

 $          1.07

 

 

 

 

 

59%

-1%

0%

58%

12%

Net Assets

 

 $      1.66

 $      2.54

 $          3.12

 $          2.95

 

 

 

 

 

53%

23%

-6%

70%

15%

Dividends

 

 $      0.07

 $      0.20

 $          0.65

 $          1.16

 

 

 

 

 

186%

222%

80%

488%

102%

Profitability

Return on Assets

 

15.98%

22.26%

17.40%

17.32%

 

 

Equity Multiplier

 

2.55

1.91

1.98

2.10

 

 

Return on Equity (ROE)

41%

43%

34%

36%

 

 

ROE (avg E)

 

82%

51%

40%

35%

 

 

Net Profit Margin

 

2%

2%

3%

3%

 

 

Dividend payout ratio

 

10%

19%

60%

108%

 

 

Liquidity

Net working capital

 

 $         -  

 $         -  

 $68,162,000

 $60,090,000

 

 

Current ratio

 

 

 

1.93

1.81

 

 

Acid test ratio

 

 

 

1.91

1.78

 

 

Other

Times interest earned

11.73

22.18

20.62

23.77

 

 

Operating exp/income

37%

32%

96%

96%

 

 

 

 

 

 

 

 

 

 

Summary Financials

Income

 

868555000

919730000

1035622000

1007063000

 

 

Expenses

 

845873000

885076000

993683000

964076000

 

 

Tax

 

8296000

11737000

15460000

16541000

 

 

NPAT

 

14386000

22917000

26479000

26446000

 

 

 

 

 

 

 

 

 

 

Assets

 

90020000

102932000

152185000

152653000

 

 

Liabilities

 

54777000

49015000

75139000

79895000

 

 

Net Assets

 

35243000

53917000

77046000

72758000

 

 

 

Graphs
 
Company Directory
Registered Office:
400 Maunganui Road
Mount Maunganui
New Zealand
Mailing address:
P O Box 4043, Mount Maunganui South
Mount Maunganui
New Zealand
Directors:
Secretary:
Auditors:
PWC
Solicitors:
Minter Ellison Rudd Watts
Bankers:
Registrar:
Computershare Investor Services Limited
Other:

Gain access to professional equity research reports

 
Other Last updated:15-11-2007

Company balance date: 31 March 

Supplementary Information

Company Endorsed Add-on section

 

 
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References:
http://www.zespri.com/ 
Annual reports 2005-06
2005 Prospectus

 

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