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General Business
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Pamu lifts earnings forecast by more than 20%

SOE farmer now expects to earn between $73m and $78m.

Pamu, the brand name for government-owned Landcorp Farming, significantly increased its earnings forecast on the back of strong milk and meat prices.

The state-owned enterprise is now estimating ebitdar (earnings before interest, tax, depreciation and revaluations) of $73-78 million for the year

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Graham Skellern Wed, 18 Dec 2019
Contact the Writer: graham@nbr.co.nz
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Pamu lifts earnings forecast by more than 20%
General Business,
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