Air NZ shares edge up as earnings outlook hangs over profit

Article – BusinessDesk

Aug. 26 (BusinessDesk) – Air New Zealands shares have bounced around in sharemarket trading today despite reporting record full-year earnings as the country’s largest airline warned of an earnings drop ahead due to growth in international carriers … Read more »

Chris Gallaher Elected New Chairman for Pacific Edge Board

Press Release – Pacific Edge

The Board of cancer diagnostics company, Pacific Edge Limited (NZX: PEB) has announced the election of Mr Chris Gallaher as Chairman, replacing Mr Chris Swann who, as previously advised, is stepping down from the Board at todays Annual Shareholders Meeting. Read more »

Backbencher Matt’s Bill is a Doocey

Press Release – New Zealand Labour Party

The latest National Members Bill pulled from the ballot is yet another waste of Parliaments time and shows the Governments contempt for the House and the public with much more important issues needing debate, says Labours Shadow Leader of … Read more »

Invivo winery shares positive annual results at lively AGM

Press Release – Invivo Wines New Zealand

Its probably one of the most lively investor meetings youre likely to attend. Read more »

UPDATE: Methven books $2.7M after cancelling earn-out

Article – BusinessDesk

Aug. 25 (BusinessDesk) – Listed shower and tapware maker Methven booked a $2.7 million gain in its full-year net profit adjustments after cancelling an earnout agreement with the owner of the Chinese manufacturing facility it bought in 2014. Read more »

MYOB Group Limited announces robust half year result

Press Release – MYOB

MYOB Group Limited (MYOB; ASX: MYO) today announced its first half 2016 financial results, headlined by double-digit growth in revenue and earnings. Read more »

Ebos posts 20% gain in full-year profit as sales top $7 bln

Article – BusinessDesk

Aug. 25 (BusinessDesk) – Ebos Group posted a 20 percent gain in full-year profit and lifted its dividends as revenue topped $7 billion for the first time, saying it expects further earnings growth in the current year. Read more »

Positive momentum at Methven

Press Release – Methven

New Zealands leading shower and tapware designer Methven Ltd (MVN) today reported a 30.6% increase in Net Profit After Tax (NPAT) and a 23.9% increase in NPAT excluding non-recurring items1. Methven Chairman Phil Lough commented that We are encouraged … Read more »

Infratil still aspires to shareholder returns of 20% a year

Article – BusinessDesk

Infratil still aspires to generating total shareholder returns of 20 percent a year as it broadens the focus of its investment portfolio into sectors it wouldn’t have entered 10 years ago. Read more »

Steadfast announces FY16 underlying NPATA growth of 45%

Press Release – Steadfast

Steadfast announces FY16 underlying NPATA growth of 45% and provides underlying NPATA guidance of $85m to $90m for FY17 Read more »

Metlifecare Full Year Result to 30 June 2016

Press Release – Metlifecare

$50.5 million net operating cash flow excluding first time sales of occupation right agreements3, up 47% Read more »

NZO Annual Result

Press Release – NZ Oil And Gas

Loss for the year is $51.8m, including $41.8m from Cue Energy Resources Net cash from operating and investing activities of $21.1 million (up from $6.7 million) Dividend of 4 cents per share, fully imputed. Read more »

Financial Results: Customer focus driving change

Press Release – Vector Limited

Vector enabling customer choice and driving industry transformation by embracing new technologies. Growth in Auckland and metering services lifts financial performance. Read more »

Genesis annual earnings slip 2.7%

Article – Metlifecare

Aug. 24 (BusinessDesk) – Genesis Energy, New Zealand’s largest electricity retailer, posted a 2.7 percent decline in annual operating earnings as a combination of lower electricity, gas and oil prices combined with ongoing retail market competition to … Read more »

Metlifecare lifts annual earnings, dividend

Article – Metlifecare

Aug. 24 (BusinessDesk) – Metlifecare lifted annual earnings and dividends as the retirement village company continues to benefit from an ageing population and increased demand for its units. Read more »

A2 Milk meets guidance with return to profit

Article – BusinessDesk

Aug. 24 (BusinessDesk) – A2 Milk, which markets milk based on the supposed health benefits of the A2 milk protein, met its June guidance with a return to full-year profit and a 127 percent jump in revenue that was driven by infant formula sales … Read more »

McConnell Dowell NZ lifts full-year sales by 36%

Article – BusinessDesk

CORRECT: McConnell Dowell NZ lifts full-year sales by 36% after winning Watercare, NZTA contracts Read more »

F&P Healthcare to ‘vigorously contest’ IP dispute

Article – BusinessDesk

F&P Healthcare to ‘vigorously contest’ what’s likely to be lengthy IP legal spat Read more »

Govt default KiwiSaver funds must be responsibly invested

Press Release – Green Party

The Government should follow the actions of Grosevnor and take swift steps to ensure its default KiwiSaver funds meet minimum ethical standards, the Green Party said today. Read more »

RBNZ’s pathway to lower interest rates not too fast

Article – BusinessDesk

Aug. 23 (BusinessDesk) – Reserve Bank governor Graeme Wheeler has defended his approach to cutting interest rates, saying New Zealand’s interest rate differential is too high to leave things as is, but a more aggressive stance ran the risk of destabilising … Read more »

Next Page »