Seedco Revenue plummets 39% Amid Market Challenges

Seedco Limited has reported a 39% decline in revenue to US$11.6 million for the half-year ended September 30, 2025, due to timing differences in the agricultural cycle, reduced exports, and a smaller winter wheat season.

Despite the challenges, the company maintained a strong focus on cost discipline, resulting in relatively resilient gross margins. Operating expenses were largely consistent with the prior year, demonstrating management’s emphasis on operational efficiency.

Seedco’s loss for the half-year was US$5.7 million, compared to a profit of US$1.2 million in the same period last year, reflecting the normal seasonality of the business.

The company remains confident that its strategic focus on operational efficiency, cash flow discipline, and product innovation will sustain long-term shareholder value, with stability in the economy expected to support recovery in the second half.

Business

Nampak Zimbabwe Leverages Volume Recovery and Stable Currency to Grow Revenue, Margins Remain Under Pressure

HARARE — Nampak Zimbabwe Limited delivered improved sales volumes and revenue growth for the nine months ended 30 June 2026, underpinned by a stable operating environment and stronger demand in the plastics and paper segments, even as power outages, input cost inflation and competitive pricing continued to weigh on profitability. The operating environment remained relatively […]

Read More
Business

Hippo Valley Offsets Slow Start With Strong Domestic Sales and Solid Water Reserves

HARARE — Hippo Valley Estates Limited delivered a resilient first quarter ended 30 June 2026, underpinned by improved macroeconomic stability, robust water reserves and strong demand in the local market, even as global cost pressures and a late start to crushing weighed on first-quarter production. The quarter was characterised by improved macroeconomic stability. Inflation remained […]

Read More
Business

Seed Co International Profitability jumps to 88% as Turnover Grows 30% in FY26

HARARE — Seed Co International Limited has delivered a strong turnaround in the year ended 31 March 2026, lifting turnover by close to a third and more than doubling profit after tax despite climate volatility, currency pressure and geopolitical disruption across its African markets. The company posted revenue of $161.3 million, up 30% from $124.3 […]

Read More