Seed Co International expects earnings to jump 140 percent

Business Reporter

Seed Co International has projected a significant improvement in earnings for the year to March 31, 2026, with basic earnings per share (EPS) expected to rise by between 120 percent and 140 percent compared to the previous reporting period.

In a trading statement issued in line with the Equity Listings Requirements of the Botswana Stock Exchange (BSE), the seed producer said basic EPS is expected to increase to between 3US cents and 3.30 US cents, compared to 1.38 US cents recorded in the same prior year period.

The projected growth represents a strong recovery in profitability for the group, driven by improved performance across its operating markets.

Seed Co International’s board said the anticipated increase in earnings was mainly attributable to strong growth and enhanced profitability across the company’s markets, although it did not provide specific details on individual market contributions.

“Group’s basic earnings per share (EPS) for the year ended 31 March 2026 is expected to increase by approximately 120 percent to 140 percent compared to the basic EPS of 1.38 US cents reported for the prior year. Accordingly, basic EPS is expected to be within the range of 3.00 US cents to 3.30 US cents,” company secretary Mr Eric Kalaote said.

The latest earnings outlook signals improved operational performance for the group, which has continued to expand its presence in agricultural markets across Africa through the production and distribution of certified crop seeds.

The company’s improved financial performance comes at a time when agricultural input providers are benefiting from efforts to boost food production, improve crop yields and strengthen food security across the region.

Under BSE listing rules, companies are required to issue trading statements when there is reasonable certainty that earnings per share for a reporting period will differ by more than 10 percent from the comparative period.

Seed Co International advised shareholders and investors to exercise caution when trading in the company’s securities, noting that the financial information contained in the trading statement had not yet been reviewed or audited by its independent auditors.

The company is expected to release its full financial results following completion of the audit process.

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