New Zealand Kiwifruit Growers Incorporated AGM

Press Release – New Zealand Kiwifruit Growers

New Zealand Kiwifruit Growers Incorporated (NZKGI) held its Annual General Meeting today, Wednesday 22 July 2015, updating growers on its key projects and reflected on a successful year. Read more »

Wellington Drive first-half sales beat expectations

Article – BusinessDesk

July 22 (BusinessDesk) – Wellington Drive Technologies, the unprofitable maker of energy efficient motors, lifted first-half sales 28 percent, beating guidance, as the company benefited from the recent slump in the kiwi dollar against the greenback. Read more »

Summerset takes out 127-year lease for Auckland village

Article – BusinessDesk

July 22 (BusinessDesk) – Summerset Group, New Zealand’s third-largest retirement village operator, has signed a 127-year lease for an undisclosed sum to build its sixth Auckland village. Read more »

Kiwi cereal maker Smartfoods accelerates expansion plans

Article – BusinessDesk

July 21 (BusinessDesk) – Kiwi cereal maker Smartfoods is about to shift into a new factory that will treble production capacity as part of a five-year plan to boost revenue to $50 million from $15.7 million by jumping on a trend towards healthier … Read more »

Hutt Valley Chamber of Commerce – Business Confidence Survey

Press Release – Hutt Valley Chamber of Commerce

Hutt Valley Chamber of Commerce Business Confidence Survey Full report available here ENDS Read more »

Exporter earnings ripe for upgrades after kiwi dollar slump

Article – BusinessDesk

July 20 (BusinessDesk) – Sharemarket analysts are expecting a slew of profit upgrades and new commentary from stock exchange-listed exporters in the upcoming earnings season following the recent slump in the value of the New Zealand dollar, says Andrew … Read more »

Wellington’s own Huffman’s Sauces Reigns Supreme

Press Release – Funktion Music

Wellingtons own Huffmans Sauces Reigns Supreme at the 2015 World Hot Sauce Awards Read more »

A2 says FY earnings flat, sees growth in 2016

Article – BusinessDesk

July 20 (BusinessDesk) – A2 Milk Co, which markets milk with a protein variant said to have health benefits, says annual earnings were flat and are set to triple in 2016 with sales expected to rise faster than forecast. Separately, the company has … Read more »

Last Chance to Thank Southern Voluntary Groups

Press Release – TrustPower

Locals have just a few more days to get their favourite volunteers involved in the regions biggest celebration of volunteers, because entries for the Trustpower Southland Invercargill Community Awards close next Friday (5pm, July 24). Read more »

Finalists Announced for the 2015 AmCham-DHL Awards

Press Release – AmCham Awards

To be celebrated in conjunction with AmChams 50th Anniversary celebrations AUCKLAND, 16 July, 2015 The American Chamber of Commerce in New Zealand has today announced the finalists for the 2015 AmCham-DHL Express Success and Innovation Awards, held … Read more »

Michael Hill FY sales rise 3.4%, buoyed by NZ, US and Canada

Article – BusinessDesk

Michael Hill annual sales rise 3.4% as declines in Australia outweighed by gains in other markets Read more »

Diversification pays off in the June quarter

Press Release – AMP Capital

Investors were rewarded for diversity in the June quarter, despite increasing market volatility, according to results released at AMP Capitals media briefing today. All of AMP Capitals Diversified Funds were in positive territory over the quarter … Read more »

Gentrack signs up UK water utility firm

Article – BusinessDesk

July 16 (BusinessDesk) – Gentrack Group, which develops utilities and airports software, completed one of two negotiations weighing on its forecasts with a UK water utility firm entering into a contract, and affirmed annual guidance provided in May. Read more »

Orion Health performing in line with management expectations

Article – BusinessDesk

July 15 (BusinessDesk) – Orion Health Group said the listed healthcare software company is performing in line with managements expectations. Read more »

KPMG – FIPS March 2015 quarterly bank results

Press Release – KPMG

The banking sector has recorded an increase in net profit after tax (NPAT) of $98 million for the March 2015 to a profit quarter of $1,249 million up from the $1,147 million of the December quarter and just below the record September 2014 quarter … Read more »

Methven Outlines Plans for Future Growth

Press Release – Methven

New Zealands leading shower and tapware designer Methven held its Annual Shareholder Meeting this morning in Auckland. Chairman Phil Lough told shareholders that Methven had experienced positive earnings growth throughout the year and had made significant … Read more »

Fidelity Life Boosts Claims Team with New Appointments

Press Release – Fidelity Life

New Zealand owned insurance company Fidelity Life has grown its claims team with three new appointments. Read more »

Ruatoria residents call for Westpac boycott

Press Release – Manu Caddie

Ruatoria residents have reacted with anger at the news the Westpac bank branch will close in less than two months. Bank management this afternoon informed staff of their decision to close the branch on 4 September and locals say the decision was predetermined. Read more »

Disappointment as Westpac closes Ruatorea branch

Press Release – First Union

After a spirited campaign to save Westpac Ruatorea, bank bosses have ignored the community and confirmed that the Ruatorea branch will close says FIRST Union national organiser Tali Williams. Read more »

NZVIF breaks even or better from one-in-five exits

Article – BusinessDesk

July 10 (BusinessDesk) – The New Zealand Venture Investment Fund, the Crown-funded start-up investor, has broken even or made money on 21 percent of its exited investments, which it says is in line with early-stage investment expectations. Read more »

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