Business Scoop


KiwiRail Holds Revenue Line And Builds Foundation For Growth

Press Release – KiwiRail

KiwiRail’s result for the half year to December 2019 reflects a solid performance despite a challenging business environment. KiwiRail Group Chief Executive Greg Miller says: “Our reported revenue for the half year was $333.6 million, up $4.8 million … Read more »

News, Sport And OnDemand Drive Strong First Half Performance For TVNZ

Press Release – TVNZ

TVNZ reported EBITDAF of $26.3 million for the six months to 31 December 2019, $0.5 million (2%) above the prior year. Total revenue was up $5.5 million (3%) to $179 million due to growth in both television and online advertising revenue. Key drivers … Read more »

Air New Zealand Reports Interim Profit1 Of $198 Million And Maintains Interim Dividend

Press Release – Air New Zealand

Air New Zealand has today announced earnings before other significant items and taxation of $198 million for the six-month period ended 31 December 2019, compared to $217 million in the prior period, reflecting the slower demand growth environment, … Read more »

Seeka Announces 2019 Year-end Financial Result

Press Release – Seeka

Total revenue of $236.9m, an increase of 16% on pcp Net profit after tax of $6.9m, an increase of 3% on pcp EBITDA of $34.5m, an increase of 4% on pcp Dividend of $0.12 per share declared Te Puke, 26 February 2019 : Seeka Limited (NZX-SEK), … Read more »

Meridian Energy Delivers Record Interim Result

Press Release – Meridian Energy

Meridian Energy has reported record interim earnings and net profit. Group EBITDAF increased by 20% to $465 million, while net profit reached $191 million, up 26%. Along with a record level of hydro generation in New Zealand, the results reflect … Read more »

Scales Corporation Delivers Record Profit Result And Continuing Positive Momentum

Press Release – Scales Corporation Ltd

Highlights 12 months to 31 December 2019 Group FY2019 financial results: o Record Group Revenues from Continuing Businesses [1] of $484.6 million, 20 per cent above FY2018. o Profit for the year of $121.6 million (FY2018: $45.5 million) supported … Read more »

Seeka Announces Dividend Of $0.12 Per Share

Press Release – Seeka

Te Puke, 25 February 2019 : Seeka Limited (NZX-SEK), a listed New Zealand produce handler with operations in New Zealand and Australia, has today announced that a dividend of $0.12 per share has been declared by Seeka’s Board. The dividend comprises … Read more »

Mercer Group Acquisition Bears Fruit In Interim Report Results

Press Release – Mercer

Christchurch-based Mercer Group Limited (MGL) is reaping the rewards of its most recent acquisition, with the companys revenue up by 55% and net profit up 176%. The company released its interim report on February 20, highlighting significant … Read more »

Pharmaco (NZ) Ltd Expands With Acquisition Of MedXus And Crown Dental & Medical (MCD)

Press Release – Pharmaco

Pharmaco (NZ) Limited has started 2020 with the acquisition of MedXus and Crown Dental & Medical (MCD), a Christchurch based specialist in emergency and critical care, dental, veterinary and medical products across New Zealand. The acquisition … Read more »

Mercury Earnings Impacted By Lower Generation

Press Release – Mercury Energy

HY2020 Financial Results Summary   HY2020 Change HY2019 EBITDAF ($M) 258 15% 302 NET PROFIT AFTER TAX ($M) 83   20% 104 UNDERLYING EARNINGS AFTER TAX ($M) 90 21% 114 STAY-IN-BUSINESS CAPITAL EXPENDITURE ($M) 53 18% … Read more »

Strong Second Half Performance Delivers Solid Platform For 2020

Press Release – NZME.

New Zealand Media and Entertainment (NZME) has today announced its financial results for the full year ended 31 December 2019, reporting a strong second half with growth in radio revenue and audience market share. The multi-media company is also reporting … Read more »

Air New Zealand Provides Update On Impact Of Coronavirus On 2020 Outlook

Press Release – Air New Zealand

Air New Zealand is today providing an update on its current estimate of the impact of coronavirus on earnings for the 2020 financial year. The airlines revenue outlook for the remainder of the year is expected to be adversely impacted as a result of … Read more »

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