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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
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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