US Tariffs

The United States has announced new tariffs on products imported into the US effective 05 April 2025. Sanford generated ~$117m of revenue out of total revenue of $583m (~20%) from sales into the US market in FY24. Managing Director, David Mair said, “We have discussed the possible impact from tariffs with our key US customers. As always, the impact depends on who pays. At this time, we do not expect these tariffs to have a material effect on the performance of Sanford in FY25.” For further information, please contact: David Mair Managing Director +64 21 708 021