Business Scoop
Network

 

Are Fletcher’s NZ earnings at the top of the cycle?

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Fletcher Building says activity in all parts of its New Zealand markets is elevated but its managing director doesnt want to say whether current earnings should be viewed as top-of-the-cycle results. Read more »

Air NZ CFO named acting chief executive

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Air New Zealand chief financial officer Jeff McDowall will fill in as acting chief executive from late September while the board sifts through a number of candidates to lead the national carrier. Read more »

UPDATE: Fletcher directors enjoy pay rise as earnings fall

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Fletcher Buildings managing director and other directors have all enjoyed pay increases despite the companys earnings from core operations mostly falling and a precipitous drop in the share price. Read more »

UPDATE AND CORRECT: Spark shares rally

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Spark New Zealand shares hit an eight-month high after the country’s biggest telecommunications company lifted annual profit 12 percent as it stripped out costs through a company-wide transformation programme. Read more »

Fletcher directors enjoy pay rises as earnings fall

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Fletcher Buildings managing director and other directors have all enjoyed pay increases despite the companys earnings from core operations mostly falling and a precipitous drop in the share price. Read more »

Solid annual result for Queenstown Airport Corporation

Press Release – Queenstown Airport

Queenstown Airport Corporation (QAC) delivered a solid result in the financial year ended 30 June 2019 with total revenue up by $3.9 million (9%) to $49.6 million. This was a result of increases in both aeronautical and commercial revenue, and effective … Read more »

A2 Milk shares fall 15% despite solid result

Article – BusinessDesk

A2 Milk shares fell 15 percent despite another strong lift in annual revenue and net profit as a massive marketing push helped it make further inroads in its core China and the US markets. It also announced plans to exit the UK. Read more »

UPDATE: Spark lifts annual profit 12% on cost-cutting

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Spark New Zealand lifted annual profit 12 percent as the country’s biggest telecommunications company stripped out costs in its Quantum transformation programme. Read more »

Mark Waller to step down as Ebos chair

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Mark Waller will retire as chair of Ebos Group after the annual meeting on Oct. 15. Read more »

Fletcher’s annual operating earnings meet guidance

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Fletcher Building posted a $164 million annual net profit, a turnaround from the previous years loss and the first year of a five-year refocusing strategy to grow the business, the company said. Read more »

FIRST CUT: A2 Milk reports another hefty lift in revenue

Article – BusinessDesk

Aug. 21 (BusinessDesk) – A2 Milk reported another strong lift in annual revenue and net profit as a massive marketing push helped it make further inroads in its core China and the US markets. Read more »

FIRST CUT: Spark lifts annual profit 12%

Article – BusinessDesk

Aug. 21 (BusinessDesk) – Spark New Zealand lifted annual profit 12 percent as the country’s biggest telecommunications company stripped out costs in its transformation programme, dubbed Quantum. Read more »

Next Page »