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Home World New Zealand

Rockit Global Reports Profit Impact from Supply Surge Recovery Plan in Progress

22 October 2025
in New Zealand
0
Rockit Global Reports Profit Impact from Supply Surge  
Recovery Plan in Progress
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Rockit Global’s CEO, Grant McBeath, announced a three-year plan to enhance profitability after experiencing a surplus in supply that negatively impacted grower returns. The move follows Rākete Orchards, which grows the miniature apple variety, entering voluntary administration due to low orchard returns, a situation industry leaders suggest is specific to Rockit.

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Tags: after..aheadAppleChiefDemandExecutiveglobalGrantgrowerhitImpactimprovemarketermcbeathMiniatureplanPressureProfitprofitabilityprofitsProgrammeProgressrecoveryreportsReturnsRockitsayssupplysurgethreeyearunderway
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