Kiwifruit marketer Zespri wins prestigious business award

Zespri International has won a major business award, being named the Deloitte Digital & Marsh 2018 Company of the Year.

The winners of the 2018 Deloitte Top 200 were announced at a prestigious awards ceremony in Auckland on Wednesday night.

The evening acknowledged business excellence and noteworthy leadership across 10 award categories. 

Head judge Fran O'Sullivan said Zespri's performance is impresseive.

"Zespri lifted its profits by 38 percent to $101.8 million in 2018 on $2.4 billion of sales, and it expects higher returns still in 2019," she said.

"These returns represent the culmination of its long-term strategy and dedication to innovation."

Judges noted that over the past five years, Zespri's total shareholder return has increased at a compound average rate of 80 percent per annum. 

"The kiwifruit industry is a great example of how to add value to primary sector exports and a classic New Zealand innovation success story," Ms O'Sullivan said.