Sea Harvest CEO on supply chain disruptions amid COVID-19

Sea Harvest, a prominent food group, has recently reported a 7 per cent increase in interim revenue, benefiting from a strong performance in its South Africa fishing operations, Cape Harvest foods, and Australian operations. The group's headline earnings have remained steady at 61 cents per share compared to the previous period. However, Sea Harvest faced challenges due to supply chain disruptions and incurred approximately R11.2 million in Covid-19-related costs. Felix Ratheb, the CEO of Sea Harvest, sat down with CNBC Africa to discuss the company's financial results and shed light on the impact of the ongoing pandemic on their operations. The key theme of the conversation revolved around the disruptions caused by Covid-19 on the supply chain of Sea Harvest and the measures taken to mitigate these challenges. Mr. Ratheb highlighted several key points during the interview, providing valuable insights into the company's strategies and future outlook. One of the critical points discussed was the resilience of Sea Harvest in facing the supply chain disruptions caused by the pandemic. Despite the challenges, the company managed to maintain its revenue growth and earnings, showcasing its adaptability and strategic planning. Additionally, Mr. Ratheb emphasized the importance of employee safety and community well-being during these unprecedented times. Sea Harvest prioritized the health and welfare of its workforce while ensuring the continuity of operations to meet the rising demand for food products. Another significant point raised during the interview was the impact of Covid-19 on consumer behavior and market dynamics. With changing consumer preferences and the shift towards online shopping, Sea Harvest had to adapt its marketing strategies and distribution channels to meet the evolving needs of customers. Mr. Ratheb discussed the company's efforts to enhance its digital presence and engage with customers through online platforms, reflecting the company's commitment to innovation and customer satisfaction. In conclusion, Sea Harvest's CEO, Felix Ratheb, provided valuable insights into the challenges faced by the company amid the Covid-19 pandemic and the strategies implemented to overcome them. By focusing on resilience, employee safety, and market adaptation, Sea Harvest has successfully navigated through the disruptions in the supply chain and emerged stronger in the face of adversity.