Farmlands Posts Strong 2025 Half-Year Growth
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
That’s because the two farmer co-ops Hewett chairs have both recently reported losses for the past year.
Silver Fern Farms posted a massive loss of $98 million and the struggling Farmlands a $700k loss.
For the self-confessed big ‘Jacinda fan’ and supposed top-notch businessman this is a pretty poor record.
Meanwhile, it seems the trouble at Farmlands is not just around its poor bottom-line performance but the co-op’s whole business model.
Shareholders, suppliers and customers seem very upset with the direction and ‘reconfiguring’ the business. ‘Chairman Rob’ also has the ongoing disaster that is Wool Impact, which seems to have done bugger all.
