New Zealand Food, Beverage & Tobacco Strong Balance Sheet Stocks

Allied Farmers

Market Cap: NZ$20.7m

Engages in livestock agency business in New Zealand.

New Zealand King Salmon Investments

Market Cap: NZ$126.5m

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, China, and internationally.

Scales

Market Cap: NZ$633.7m

Engages in manufacturing and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally.

Livestock Improvement

Market Cap: NZ$139.5m

Engages in the development, production and marketing of artificial breeding, genetics, farm software, and herd testing services in the dairy industry.

a2 Milk

Market Cap: NZ$6.6b

Sells A2 protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States.

Delegat Group

Market Cap: NZ$400.5m

Engages in the production, distribution, and sale of wine.

Foley Wines

Market Cap: NZ$39.4m

An integrated wine company, produces, markets, and sells wines in New Zealand.

Fonterra Co-operative Group

Market Cap: NZ$7.4b

Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products.

Sanford

Market Cap: NZ$462.9m

Engages in the farming, harvesting, processing, storage, and marketing of seafood products.