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Michael Franks

👤 Speaker
174 total appearances

Appearances Over Time

Podcast Appearances

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

Well, we do have solar.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

We've got 1,000 kilowatts of solar on the roofs of our cool stores now.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

The unfortunate fact about that is that they produce electricity in the summer and we use it in the winter.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

And so we have got technology in the company where we are looking about

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

The load management, bringing cool stores up more slowly, managing when they cycle, what times of the day we might turn them on or off to minimise electricity.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

And that should reduce our power demand by 5% to 10%.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

But at the end of the day, we are a big user.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

Look, climate change is real.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

It's not something that's going to come.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

It's something that is here now.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

We're adapting to it by introducing rootstock, which is more tolerant.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

to high levels of rain, of water.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

We are adapting to it with new varieties that may not need so much winter chill.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

And so actually around us now, there is things happening that should make us more resilient, but we are a company and we are a sector and an industry which

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

grows fruit outside and there will always be risks that come with weather events which are beyond our control.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

Well, I think in our company, there's a couple of things I'd say.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

Firstly, we are fortunate that we've got fantastic people right across the business.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

So there actually wasn't a problem with the leadership or the management of the company.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

The simple problem that we had was the occupancy in our hotel was down below break-even.

Shared Lunch
Seeka’s $440m high-tech harvest (Kiwifruit & more)

We understood that over a period of time, the volumes would come back.