Sea Harvest will enter a consolidation phase focusing on non-core asset disposals, efficiencies, and debt reduction
(SOUTH AFRICA, 3/6/2025)
South African seafood conglomerate Sea Harvest has announced a three-year cost-cutting strategy in response to declining hake catch rates and adverse market conditions.
The JSE-listed company, which encompasses seafood, aquaculture, and agro-processing, reported its most challenging financial year since its 2017 listing. Performance was significantly impacted by reduced hake catch rates in South Africa and diminished prawn catch...
(More Info)
Royal Greenland Swims Back into the Black Greenland
Strategic Pivot and Cost-Cutting Measures Fuel Financial Recovery Despite Dwindling Catch Volumes
NUUK – After weathering two years of turbulent financial waters, the world's largest supp...
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
(SOUTH AFRICA, 3/6/2025)
