Kakuzi Ld
26 August 2026
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KAKUZI PLC PROFIT WARNING ANNOUNCEMENT Consistent with the provisions of Paragraph 14.5.7 of the Thirteenth Schedule of the Capital Markets (Public Offers, Listing and Disclosures) Regulations, 2023, Kakuzi Plc ('The Group') issues this profit warning notice and cautionary statement to our current and potential investors as well as the general public. This profit warning notice arises from trading information, market forecasts and the unaudited results to 30th June 2026 (which have been approved, issued and published today), among other data sources currently at the Board's disposal. We, therefore, wish to report that our net earnings for the period ended 31st December 2026 may be at least 25% lower than that reported for the year ended 31st December 2025. Exceptionally dry conditions on the farm at the end of 2025 and the Middle East conflict along with a softening of the international macadamia market are anticipated to negatively impact results. Our strategic priorities remain unchanged in substance, even as the operating conditions in which we pursue them continue to shift: growing our production of avocado and macadamia superfoods as our existing orchards reach maturity, diversifying into new superfoods and new geographic markets. We remain guided by the belief that a long-term view, sufficient diversification, and disciplined execution are what allow Kakuzi to withstand short-term shocks, whether from markets, weather, or geopolitics, while continuing to build sustainable shareholder and stakeholder value. By order of the Board NICHOLAS NG'ANG'A CHAIRMAN 25TH AUGUST 2026 |
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