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Select Harvests Shows Strong Financial Turnaround in 2024

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Select Harvests Shows Strong Financial Turnaround in 2024

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Select Harvests ( (AU:SHV) ) has shared an update.

Select Harvests reported a significant improvement in its 2024 financial results, achieving a $46 million EBITDA and a $1.5 million net profit after tax, marking a $116 million improvement compared to 2023. The company made progress in increasing crop volumes, sales velocity, and processing capacity, as well as reducing greenhouse gas emissions by 21%. The company also enhanced its sustainability initiatives, including advancements in irrigation technology and food safety metrics, reinforcing its strong position in the almond industry.

More about Select Harvests

Select Harvests is a company operating within the agricultural industry, primarily focusing on almond production. It is involved in the cultivation, processing, and marketing of almonds, positioning itself as a significant player in the almond industry with a focus on sustainability and operational efficiency.

YTD Price Performance: 14.77%

Average Trading Volume: 201

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $425.4M

For detailed information about SHV stock, go to TipRanks’ Stock Analysis page.

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