AWF posts 37% jump in FY profit as companies hire more staff

Article – BusinessDesk

May 28 (BusinessDesk) – AWF Group, the countrys largest recruiter and labour provider, posted a 37 percent rise in full-year profit, with the 2013 purchase of recruitment firm Madison Group fully reflected in its results for the first time. Read more »

Pacific Edge full-year loss widens on costs of US push

Article – BusinessDesk

Pacific Edge full-year loss widens on costs of US push, to raise $35.3M Read more »

Strong Performance for AWF Group

Press Release – AWF Group

AWF Group (AWF) has delivered a significant lift in earnings for the year ended 31 March 2015 in line with guidance provided. Read more »

Gentrack 1H profit rises by a third; flags risk to FY profit

Article – BusinessDesk

Gentrack first-half profit rises by a third; flags risk of not meeting full-year prospectus forecast Read more »

Chevron to exit NZ Refining, shares halted for bookbuild

Article – BusinessDesk

May 28 (BusinessDesk) – Chevron New Zealand, which operates the Caltex service station chain, will exit its holding in New Zealand Refining, selling its 11 percent stake via a bookbuild. Read more »

Listed craft brewer Moa trims losses while ramping up sales

Article – BusinessDesk

May 28 (BusinessDesk) – Moa Group, the listed boutique beer maker, has cut its annual loss by 5 percent and boosted sales by nearly a third in its latest financial results. Read more »

New Build Construction Flying Ahead at Jet Park Hotel

Press Release – Jet Park Hotel and Conference Centre

A large crane in the front paddock of Jet Park Hotels grounds is a common sight these days, as construction of Aucklands newest 250 person multi-level conference complex, complete with an additional 60 guest rooms is in full swing. Whilst other … Read more »

Overseas Trade Indexes (Prices and Volumes)

Press Release – Statistics New Zealand

We are combining the Overseas Trade Indexes (Prices) and Overseas Trade Indexes (Volumes) into one release as of next weeks 2 June publication. Read more »

Malaysia Airlines Bounces Back in New Zealand

Press Release – Malaysia Airlines

Malaysia Airlines is back on a strong growth path in New Zealand with sales in the first quarter of this year up 31 per cent compared to the same period in 2014. Read more »

Stoneleigh Latitude Wins by a Golden Mile

Press Release – Stoneleigh

Stoneleigh Latitude Marlborough Sauvignon Blanc 2014 has been awarded a Gold medal at the 2015 Decanter World Wine Awards, the worlds largest and most influential wine show. Read more »

Wellington–based president elect for PRINZ

Press Release – PRINZ

At last weeks Annual General Meeting of the Public Relations Institute of New Zealand (PRINZ), Wellington public relations practitioner and PRINZ Fellow, Katie Mathison was voted President Elect for the Institute. Her term as President will … Read more »

Nationwide survey of what matters to Kiwi men

Press Release – Speights

Whats really important in life? Is it getting ahead in the rat race? Having time to chill out on the couch? Or being the type of person thats willing to help a mate out and make time for family and friends? Read more »

Turners’ profit surges 120%

Article – BusinessDesk

May 27 (BusinessDesk) – Turners, formerly known as Dorchester Pacific, more than doubled annual profit, beating guidance, reflecting its car auction house acquisition and its financing businesses performing ahead of forecast. Read more »

Westland lifts its prediction for 2015-16

Press Release – Westland Milk Products

Westland Milk Products today confirmed its payout to shareholders for the 2014-15 season remains unchanged at $4.90 – $5.10 per kilo of milk solids (kgMS) before retentions, and has released its prediction for the 2015-16 season of $5.60 – $6.00 per kgMS. Read more »

Mainfreight beats annual profit guidance, sees further gains

Article – BusinessDesk

May 27 (BusinessDesk) – Mainfreight, the transport and logistics group, topped its annual profit guidance and said earnings will rise further in the coming year. Read more »

Energy Mad narrows annual loss in drive to cut costs

Article – BusinessDesk

May 27 (BusinessDesk) – Energy Mad, the unprofitable lightbulb maker which counts NZX’s SuperLife as its biggest shareholder, narrowed its annual loss in the 2015 financial year after stripping out costs, although the accounts were still tagged … Read more »

2degrees posts reduced loss of $33.6M, will launch UFB soon

Article – BusinessDesk

May 26 (BusinessDesk) – Two Degrees Mobile, the country’s newest mobile phone operator, is still burning cash but has once again reduced its financial losses, recording a $33.6 million net loss for calendar 2014, down 6.7 percent on the $35.9 million … Read more »

UPDATE: Tower shares gain on dividend, 1H earnings

Article – BusinessDesk

May 26 (BusinessDesk) – Tower shares rose to a month-high after the general insurer hiked its interim dividend and confirmed an on-market share buyback after lifting first-half earnings 36 percent on rising premiums and fewer claims. Read more »

Orion Health reports $61M loss, revenue beats prospectus

Article – BusinessDesk

May 26 (BusinessDesk) – Orion Health, the healthcare system software developer, reported a $60.8 million loss for the year to March 31, in line with its strategy to grow revenues before becoming profitable, and beat its prospectus forecast for annualised … Read more »

TOWER delivers strong underlying earnings

Press Release – Tower Insurance

TOWER delivers strong underlying earnings and confirms capital management TOWER has today reported a 36.4% increase in general insurance underlying net profit after tax (NPAT) to $17.9 million for the six months ended 31 March 2015. TOWERs reported … Read more »

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