Seed Co Group Chief Executive: Mr Morgan Nzwere

There are mixed signals for the current year. While the weather forecasts are indicating above normal rainfall the situation on the ground is yet to reflect that. If good rains materialise as anticipated: seed demand and sales should increase especially in light of the food deficits across the region. The vegetable business is now gathering traction with some growth in revenue expected this year. With the impending commissioning of the new seed drying and processing facilities in Kenya, our foothold in the highlands market is expected to strengthen. However, liquidity challenges are still negatively affecting our mature markets in Zimbabwe, Zambia and Malawi.

HY 2017 financial results

HY 2017 financial results presentation

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