IT Brief New Zealand - Technology news for CIOs & IT decision-makers
New Zealand

Financial Year (FY) Stories - Page 6

Kiwi Stories

Financial Year (FY) stories

NZ govt posts small surplus in 7 mths to January as tax take swells
Government

NZ govt posts small surplus in 7 mths to January as tax take swells

The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.

By Pattrick Smellie • 3 min read • Wed, 11th Mar 2015
Solid Energy delays first-half report, says future coal price weights on debt repayment
Power / Energy

Solid Energy delays first-half report, says future coal price weights on debt repayment

Solid Energy, the state-owned coal miner whose chair Pip Dunphy stepped down this week, will delay reporting its first-half accounts.

By Pattrick Smellie • 2 min read • Fri, 27th Feb 2015
UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition
Insurance Australia Group

UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition

Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015
Property For Industry expects to pay more of its earnings in dividends in 2015
Investment

Property For Industry expects to pay more of its earnings in dividends in 2015

Property For Industry, New Zealand's only listed company specialising in industrial property, expects to pay more of its earnings in dividends in t.

By Pattrick Smellie • 3 min read • Tue, 17th Feb 2015
Nufarm plans to consolidate European plants, take 30M euro charge
Supply Chain

Nufarm plans to consolidate European plants, take 30M euro charge

Nufarm, the agricultural chemicals manufacturer, will take a 30 million euro charge this year to consolidate its European manufacturing operations.

By Pattrick Smellie • 2 min read • Mon, 9th Feb 2015
PGG Wrightson reaffirms 2015 earnings growth, signs of weak dairy weighing on market
Shares

PGG Wrightson reaffirms 2015 earnings growth, signs of weak dairy weighing on market

PGG Wrightson, the rural services firm controlled by China's Agria Corp, has affirmed expectations for earnings growth in 2015 but is seeing 'signs.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014
Vodafone NZ appoints expat Mark Aue as new CFO after de la Feunte returns to Spain
Unified Communications

Vodafone NZ appoints expat Mark Aue as new CFO after de la Feunte returns to Spain

Vodafone New Zealand, the country's biggest mobile phone operator, has appointed expatriate Mark Aue as its new chief financial officer, replacing.

By Pattrick Smellie • 2 min read • Tue, 16th Dec 2014
NZ govt deficit bigger than expected as Solid Energy indemnity weighs
Financial Year

NZ govt deficit bigger than expected as Solid Energy indemnity weighs

The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged forecast and an indemnity for.

By Pattrick Smellie • 3 min read • Wed, 10th Dec 2014
UPDATE: Ryman posts 13% gain in 1H earnings, on track for FY target of 15% increase
Health Technologies

UPDATE: Ryman posts 13% gain in 1H earnings, on track for FY target of 15% increase

Ryman Healthcare, New Zealand's largest listed retirement village builder and operator, posted a 13 percent gain in underlying first-half profit an.

By Pattrick Smellie • 3 min read • Fri, 21st Nov 2014
Warehouse affirms forecast for higher 2015 profit even amid softer trading
Sales

Warehouse affirms forecast for higher 2015 profit even amid softer trading

Warehouse Group, New Zealand's largest listed retailer, affirmed its expectation for a rise in annual earnings even as sales lag behind forecast he.

By Pattrick Smellie • 2 min read • Fri, 21st Nov 2014
Argosy Property lifts first-half profit 25% on occupancy boost, divestments
Shares

Argosy Property lifts first-half profit 25% on occupancy boost, divestments

Argosy Property Fund lifted first-half earnings 25 percent as New Zealand's fourth-largest listed property investor boosted its occupancy rate and.

By Pattrick Smellie • 2 min read • Wed, 19th Nov 2014
Pacific Brands sells unprofitable footwear, sports apparel business
NZX

Pacific Brands sells unprofitable footwear, sports apparel business

Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting appa.

By Pattrick Smellie • 3 min read • Tue, 18th Nov 2014
UPDATE: IkeGPS shares jump on distribution contract with Stanley Black & Decker
Shares

UPDATE: IkeGPS shares jump on distribution contract with Stanley Black & Decker

Shares of IkeGPS climbed 11 percent after the remote measuring device developer signed a manufacturing and distribution deal with Stanley Black & D.

By Pattrick Smellie • 2 min read • Tue, 18th Nov 2014
Rest home operator Arvida to raise $80 million in IPO
All Blacks

Rest home operator Arvida to raise $80 million in IPO

Arvida, the retirement village operator formerly known as Hercules, has issued a prospectus for an initial public offer to raise $80 million for a.

By Pattrick Smellie • 3 min read • Mon, 17th Nov 2014
BurgerFuel more than doubles 1H earnings on store openings
Shares

BurgerFuel more than doubles 1H earnings on store openings

BurgerFuel Worldwide, the NZAX-listed fast food chain, more than doubled first-half earnings as it opened seven new stores in the period, lifting s.

By Pattrick Smellie • 3 min read • Wed, 12th Nov 2014
David Kirk's tech fund to raise A$40 million on ASX to invest in NZ, Aus tech
Unified Communications

David Kirk's tech fund to raise A$40 million on ASX to invest in NZ, Aus tech

David Kirk, chairman of Trade Me Group and Kathmandu Holdings, is seeking to raise A$25 million to A$40 million in an initial public offer on the A.

By Pattrick Smellie • 2 min read • Thu, 6th Nov 2014
MightyRiverPower to pay special dividend
Capital Management

MightyRiverPower to pay special dividend

MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders af.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014
Restaurant Brands pays $10.5M to take over operation of Carl's Jr burger chain in NZ
Supply Chain

Restaurant Brands pays $10.5M to take over operation of Carl's Jr burger chain in NZ

Restaurant Brands New Zealand, the nation's largest fast food operator, agreed to buy seven Carl's Jr stores owned and operated by Forsgren NZ for.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014

Global Stories

Financial Year (FY) stories