Restaurant Brands 2016 profit rises 1%

Article – BusinessDesk

April 14 (BusinessDesk) – Restaurant Brands New Zealand’s annual profit grew 1 percent in 2016, the slowest pace in three years, as it was hit by higher costs, although the fast-food company said 2017 earnings could rise as much as 25 percent on growth … Read more »

Fiji Airways Group Announces Record Profit

Press Release – Fiji Airways

Wednesday, 13 April 2016 : The Fiji Airways Group has had another record year of growth, announcing profits before tax of FJD$70.2m for the fiscal year ended 31st December 2015. Read more »

Diligent shareholders vote in favour of takeover

Article – BusinessDesk

April 13 (BusinessDesk) – Shareholders of New York-based Diligent Corp have voted in favour of a takeover by venture capital firm Insight Venture Partners at a special shareholders meeting in Auckland this morning, despite fiery opposition by New … Read more »

Infratil sees bigger earnings for 2017

Article – Infratil

April 13 (BusinessDesk) – Infratil expects underlying earnings to rise in 2017, helped by its retirement village business and has as much as $1 billion to spend on investments. Read more »

Pushpay exceeds target – 108% ACMR increase in six months

Press Release – Pushpay

Pushpay Holdings Limited (NZSX:PAY) (Pushpay or the Company) announces that it has exceeded its target, increasing Annualised Committed Monthly Revenue (ACMR) by $15.11 million to $29.08 million over the six months to 31 March 2016, … Read more »

Cavalier asked to explain 27% share price jump

Article – BusinessDesk

April 12 (BusinessDesk) – The NZX has written to Cavalier Corp asking the carpet maker for an explanation for a 27 percent jump in its share price in under a week. Read more »

Orion Health shares climb to highest level in 9 months

Article – BusinessDesk

Orion Health shares climb to highest level in more than 9 months on new UK contracts Read more »

Paul Henry Hits 2016 Ratings High & Tv3 Wins Friday Night

Press Release – Mediaworks

Paul Henry , MediaWorks’ cross-platform weekday morning programme, hit a new ratings high for the year on Friday, securing a 2.3 rating versus a 1.9 rating on TV Ones Breakfast in the key 25-54 demographic. The show also won its timeslot in 18-39, … Read more »

NZ dollar gains as commodity currencies lifted by oil prices

Article – BusinessDesk

April 11 (BusinessDesk) – The New Zealand dollar advanced as commodity currencies were bolstered by an increase in oil prices and as the US dollar continued to weaken. Read more »

Kirkcaldie faces $1.3M bill for future lease of Petone site

Article – BusinessDesk

Kirkcaldie faces $1.3M bill for future lease payment of Petone warehouse after deal falls over Read more »

PharmaZen reports significant profit jump

Press Release – PharmaZen

An increase in capacity and production efficiencies from recently completed capital projects, have seen biotechnology company PharmaZen post a record surplus. Read more »

Abano expects gain in annual earnings

Article – BusinessDesk

April 7 (BusinessDesk) – Abano Healthcare, the listed medical and dental centre investor, expects an uplift in annual earnings as a strong performance from its New Zealand dental chain offsets a flat performance from its Australian dental business. Read more »

Abano Provides Full Year Guidance

Press Release – Abano Healthcare Group Limited

Abano Healthcare Group (NZX: ABA) has today provided guidance for the financial year ending 31 May 2016, forecasting an increase in revenue and profit from its continuing businesses. The improving operating results are primarily being driven by a strong … Read more »

Comvita to enter S&P/NZX 50 if Diligent takeover proceeds

Article – BusinessDesk

April 6 (BusinessDesk) – Comvita, the natural health products company, is to enter the S&P/NZX 50 Index if the takeover of Diligent Corp by Insight Venture Partners goes ahead. Read more »

Steel & Tube imposes new testing regime on seismic mesh

Article – BusinessDesk

April 6 (BusinessDesk) – Steel & Tube Holdings, which is being investigated by the Commerce Commission after admitting selling “many thousands of sheets” of earthquake reinforcing mesh incorrectly labelled as being independently certified, … Read more »

Orion Health shares rise as deal announced

Article – BusinessDesk

April 6 (BusinessDesk) – Orion Health’s shares rose 3.7 percent to a five-month high of $3.63 following the announcement of the health systems software company’s second large contract in a fortnight, this time with the largest health service in the Australian … Read more »

NZ businesses turn pessimistic in March quarter

Article – BusinessDesk

April 5 (BusinessDesk) – New Zealand businesses turned pessimistic about the state of the economy in the first three months of the year, as their inability to pass on rising costs squeezed margins. Read more »

NZX cash market activity rises in March

Article – BusinessDesk

April 5 (BusinessDesk) – Cash market trades on the NZX climbed by almost a third in March from a year earlier as share trading remained robust on investor demand for yield while turnover in the bond market more than doubled. Read more »

Summerset first-quarter sales fall

Article – BusinessDesk

Summerset first-quarter sales fall; company says it’s on track to build 400 units this year Read more »

PharmaZen annual profit jumps on lower dollar

Article – BusinessDesk

April 4 (BusinessDesk) – PharmaZen, the Christchurch-based animal and human nutrition manufacturer, saw profits jump in 2015 off the back of a lower New Zealand dollar as it ramped up spending on research and development. Read more »

« Previous PageNext Page »