Ruralco bounces back with $1.25m profit in 2025
Farm supplies trader Ruralco has recovered from two consecutive years of losses to post a $1.25 million profit for the 2025 financial year.
Ruralco Group chief executive Robert Sharkie is resigning after six years in the role and eight years with the co-operative.
“I have thoroughly enjoyed my time at Ruralco, the challenges it has provided and I am very proud of Ruralco’s achievements during my time at the helm,” says Sharkie.
“It is the dedication and the passion of the people who work for Ruralco that has made these achievements possible and I commend them for their efforts and wish them well,” he adds.
Sir David Carter, chairman of Ruralco, says he has accepted Sharkie’s decision with mixed emotions.
“Rob’s contribution to Ruralco has been significant, but I respect his decision that the time is right for him to pursue another chapter in his life,” Carter says. “He leaves with my complete support and best wishes for his future endeavours.”
Ruralco’s GM people and culture Tony Aitken will step into the role of acting chief executive while the board initiates its recruitment process for a new chief executive.
Aitken comes from a background in people leadership and was part of Synlait’s journey as it grew from 140 staff to over 1,000.
He will begin in the acting chief executive position at Ruralco on 1 September 2023.
Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash of the Colleges, which was held at the recent Ashburton A&P Show.
The New Zealand Merino Company (NZM) is expanding its collaboration with TextileGenesis to deliver full traceability for 100% of ZQ certified wool and ZQRX regenerative wool.
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad outcomes.
Metallica's charitable foundation, All Within My Hands (AWMH), teamed up with Meet the Need this week for a food packing event held at the New Zealand Food Network warehouse in Auckland.
After two years, Alliance Group has returned to profit.
According to Zespri's November forecast for the 2025/26 season, returns are likely to be up for all fruit groups compared to the last forecast in August.

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