Improved returns for New Zealand apple growers were among the highlights announced at Turners and Growers’ (T&G) 92nd Annual Meeting on Thursday.
Over 70 shareholders, senior employees and invited guests attended the meeting, held at the Ellerslie Event Centre in Auckland.
In key orders of business, both Carol and Rob Campbell were reappointed as T&G directors. Dr Josef Krapf was appointed as a director for the first time, having previously served on the board of management at BayWa, the German company that holds the controlling share in T&G.
Sir John Anderson, T&G’s deputy chairman, provided a summary of the company's 2012 financial performance, and while an after-tax loss of NZ$15.3m (US$12.6m) was announced in February, he insisted the news wasn’t all grim.
Grower returns in 2012 for major apple varieties, particularly the company’s proprietary Jazz and Envy varieties, improved significantly from 2011.
Anderson also highlighted the company’s major investment in controlled atmosphere storage in the key growing region of Nelson and the expansion of blueberry plantings in Kerikeri.
Recently appointed T&G CEO Alastair Hulbert elaborated further on the company’s key strategic focus, including the expansion of its global operations, particularly in fast-growing Asian markets.
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