Livestock Improvement Corporation Ltd
NNZX:LIC1.12
NZD
0.00
(0.00%)
ISIN
NZLICE0001S1
Return %
Stock
S&P 500
1Y
15.46
14.20
3Y
12.00
81.12
5Y
-8.20
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
NZD
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in mil. unless spec.Semi-annual Revenue
NZD
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in mil. unless spec.Semi-annual Earnings Per Share
NZD
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in mil. unless spec.Semi-annual Dividends Per Share
NZD
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in mil. unless spec.Company Description
- CEO
- David Chin
- Full Time Employees
- 393
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 605 Ruakura Road Hamilton WKO New Zealand 3286
- IPO Date
- Apr 21, 2004
- Website
- lic.co.nz
- Similar Companies
- Business
- Livestock Improvement Corporation Limited (LIC.NZ) is a New Zealand-based farmer-owned co-operative specializing in agricultural technology and herd improvement services for the dairy industry; it develops, produces, and markets artificial breeding products, bovine genetics, farm software, herd testing, diagnostics, and on-farm support solutions. The company offers core products including superior dairy genetics from premier sires such as Alpha and genomic evaluations; MINDA herd management systems for data recording and decision-making; herd testing for milk quality, production, and animal health; DNA parentage verification, animal health testing, and milk pregnancy testing; farm consultancy via FarmWise advisors; artificial breeding technician services and training; electronic identification tags, EID readers, and on-farm weighing; field assist data recording; and integrated parlour automation systems previously under LIC Automation. Founded in 1909 and headquartered in Hamilton, New Zealand, with regional bases across the country and offices in the United Kingdom, Ireland, Australia, and agents in South Africa and Asia, LIC operates primarily in the New Zealand dairy sector while expanding internationally through bovine genetic exports to over 20 countries. In March 2025, MSD Animal Health acquired the assets of LIC Automation Ltd, enhancing dairy automation technologies and integrating them with complementary livestock intelligence solutions; in December 2024, LIC formed a strategic partnership with Pāmu Farms of New Zealand and its subsidiary Focus Genetics to develop a new beef breeding program leveraging LIC's commercial capabilities for dairy-beef genetics; additionally, LIC maintains significant investments in research and development exceeding 5% of revenue, reported positive full-year financial results with an increased dividend in July 2025, and continues joint R&D with partners like Lely for sensing technology and milk sensors. LIC's segments encompass NZ market genetics, herd testing, farm software, diagnostics, and international operations, serving over 10,000 dairy farmer shareholders who receive all profits as dividends or reinvestments.