Opus reports positive half year result

Press Release – Opus

Opus International Consultants (Opus) has reported a positive result for the first six months of 2014. Read more »

Opus International 1H profit rises 6% on Canada contribution

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Opus International Consultants, the engineering firm, reported a 6 percent gain in first-half profit, reflecting the contribution from the Stewart Weir business acquired in 2013, which drove a jump in earnings in Canada. Read more »

Contact Energy mulling capital return to shareholders

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Contact Energy directors are actively considering a capital return to shareholders as the company emerges from a five year, $2 billion programme of investment in new power stations and IT systems and enters a period of increasingly … Read more »

Record Result for Freightways, Dividend for Shareholders

Press Release – Freightways

Following a good first half, even stronger second half growth has enabled Freightways (NZX:FRE) to deliver a record Full Year result. The result for the year ended 30 June 2014 is a 12% improvement over the previous year in net profit after tax (NPAT), … Read more »

Freightways posts 3% gain in full-year profit

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Freightways, New Zealands largest listed courier and data management company, posted a 3 percent gain in full-year profit, driven by growth in its express package and business mail business, and said it expects further growth … Read more »

Current Market Reflects Traditional Winter Slowdown

Press Release – Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 74 more farm sales (+16.9%) for the three months ended July 2014 than for the three months ended July 2013. Overall, there were 512 farm sales in the three months … Read more »

TAG Oil earnings improve on shift to oil over gas

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Onshore Taranaki oil and gas producer TAG Oil has shifted production heavily in favour of oil and away from natural gas between the first quarters of the current and the previous financial years, substantially improving its earnings … Read more »

Contact Energy profit up 17.6% on new plant and hydro gains

Article – BusinessDesk

Aug. 18 (BusinessDesk) – The stars aligned for Contact Energy in the year to June 30, producing a 17.6 percent increase in net profit at $234 million and a second dividend increase for shareholders in two years, as a new geothermal power station … Read more »

Contact Energy 2014 full year results

Press Release – Contact Energy

The completion of Contacts current investment programme in over $2 billion of new assets is evident in the strong results our business has delivered in FY14. Our diverse and flexible generation portfolio, supported by a reduction in gas take-or-pay … Read more »

Meridian beats forecast with 22% drop in FY profit

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Meridian Energy, which went public in October with a listing of installment receipts, posted a 22 percent decline in full-year profit in a market where retail electricity demand was flat and wholesale prices fell. Read more »

Hallenstein says annual profit falls 25%

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Hallenstein Glasson said annual profit fell 25 percent as the listed clothing chain failed to gain enough momentum in the second half to make up for a lacklustre first six months of the year. Read more »

Northpower voted 2014 Lines Company of the Year

Press Release – North Power

Northpower has been judged New Zealands best electricity lines company for the second year running. The announcement was made at the Deloitte Energy Excellence Awards in Auckland on Wednesday. Read more »

Positive financial performance at regional council

Press Release – Waikato Regional Council

Waikato Regional Council has posted a very positive result for the last financial year, according to figures presented to yesterdays finance committee meeting. Read more »

ANZ says NZ unit grabs market share in latest quarter

Article – BusinessDesk

Aug. 15 (BusinessDesk) – Australia & New Zealand Banking Group says its New Zealand unit grabbed market share of home and commercial lending in the latest quarter as an improving economy stoked credit growth. Read more »

Turners Group lifts 1H profit 5.9%

Article – BusinessDesk

Aug. 15 (BusinessDesk) – Turners Group NZ, which this month changed its name from Turners Auctions, lifted first-half profit 5.9 percent as a strong New Zealand dollar lowered the cost of imported cars, helping attract customers with cheaper prices, … Read more »

Michael Hill annual profit falls 22% on declining margin

Article – BusinessDesk

Aug. 15 (BusinessDesk) – Michael Hill International, the jewellery chain that bears the name of its founder, posted a 22 percent drop in annual profit as its profit margin declined and it paid a settlement to the Australian Tax Office. Read more »

Steel & Tube lifts profit 15% buoyed by Tata Steel purchase

Article – BusinessDesk

Aug. 15 (BusinessDesk) – Steel & Tube, which manufacturers steel building products, lifted annual profit 15 percent as its sales were boosted from its April purchase of a stainless steel goods maker. Read more »

Transpower posts drop in full-year profit after big upgrades

Article – BusinessDesk

Aug. 14 (BusinessDesk) – State-owned monopoly Transpower, operator of the national electricity grid, has reported an 18 percent drop in full-year profit, reflecting higher depreciation and interest costs following completion of major grid upgrades. Read more »

Airways NZ operating profit up 31% over previous year

Press Release – Airways New Zealand

Airways New Zealand had a solid performance in the year to June 2014, improving its results in most areas over the previous year, says Airways Chief Executive Ed Sims. Read more »

Fairfax Media reverses slide in NZ earnings

Article – BusinessDesk

Fairfax Media reverses slide in NZ earnings as cost cuts offset drop in ads, circulation Read more »

« Previous PageNext Page »