Total revenue increased 23% to $142.11m, and profit after tax increased 35% to $4.27m.
Active investment in both Australia and New Zealand has been a feature of the company’s business over the past year.
In August, Seeka acquired the remaining half of its ownership in Pollen Australia, and the company was renamed Seeka Australia.
Seeka Australia then acquired the kiwifruit and orcharding business and assets of Bunbartha Fruit Packers.
Seeka Australia revenues are expected to add between $3.2m-$4.0m to the broup’s Ebitda.
Seeka has also invested $16.39m in NZ plant and equipment, compared to $5.64m in 2014. The NZ infrastructure will expand further in 2016 to ensure sufficient capacity to process fruit at its optimum time.
The purchase and integration of the business of Bunbartha Fruit Packers, now Seeka Australia, has contributed to a marked increase in debt.
The investment of $20.16m in Seeka Australia and the NZ infrastructure expansion has lifted total debt $17.2m in 2014 to $52.96m.
Seeka will pay a dividend of 10 cents per share. The dividend will mean a total 19 cents per share distributed to shareholders for the year, up from 16 cents in 2014.
In addition to its kiwifruit operations in NZ, Seeka grows, processes and markets avocados and kiwiberries to Australia and sells limited volumes of kiwifruit to other countries through the collaborative marketing mechanism.
Seeka also imports, ripens and distributes bananas and tropical fruits from the Philippines and South America within NZ and holds the NZ agency for Sumifru.
