David Mair: Sanford Managing Director on profits surging 224% and reducing debt by half
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David Mair: Sanford Managing Director on profits surging 224% and reducing debt by half
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A big turnaround for fisheries company Sanford with the reveal of their latest profits.
They’ve reported an after-tax profit of $63.7 million – a 224% increase for the year to September.
Cash flow was also up 85%, helping cut debt by nearly half to $93.4 million.
Sanford Managing Director David Mair told Mike Hosking that by focusing on customers, they’re turning the business around.
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