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New Zealand King Salmon (NZK) investor relations material
New Zealand King Salmon AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The meeting welcomed shareholders, partners, iwi representatives, and government partners, highlighting the hybrid format with both in-person and online participation.
Chair and CEO outlined the agenda, including business updates, financial review, Q&A, and voting on four resolutions.
Financial performance review
For the eight months ending 30 September 2025, revenue was NZD 117.7 million, with a net loss of NZD 6.3 million and EBITDA of NZD 7.1 million.
FY25 (Sept) revenue was $118 million for the 8-month period, with pro-forma operating EBITDA of $7.1 million.
Harvested 3,315 tons in eight months, down from 6,778 tons in the previous 12 months, with lower volumes due to subdued feed outs.
Sales were geographically diversified: 41% North America, 34% New Zealand, 10% Australia, and smaller shares in Asia and Europe.
Maintained a strong balance sheet with NZD 46.6 million in net cash.
Board and executive committee updates
Carol Chen resigned as director representing China Resources Limited in January 2026; the board will meet with the new China Resources Asset Management team to consider a replacement.
Board composition and skills are regularly reviewed, with recent focus on capital project management and market expertise.
The Board recommended re-election of Jack Porus and Catriona Macleod as Directors, both of whom addressed the meeting.
Next New Zealand King Salmon earnings date
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