Sharemarket News

Comvita Interim result HY FY25 - Back to Basics
25 Feb, 4:08pm
Comvita Limited (NZX:CVT) today announced its interim result for the six months ending 31 December 2024 (HY FY25). The results reflect a focus on getting the business back to basics and repositioning it to meet the current market realities... More »

Chatham Provides Update on Proposed Sale of Korella
25 Feb, 12:36pm
WELLINGTON New Zealand – on 20 January 2025 Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP” and “3GRE” (Frankfurt) or the “Company”) advised that we had that day agreed to sell to an arm’... More »

THL - FY25 Interim Results
25 Feb, 10:35am
Cathy Quinn, thl Chair, said “the underlying net profit after tax for the period was $26.5M, down $13.2M on the prior corresponding period. The core rental business has grown, with rental revenue increasing by 8% and the rental fleet expanding by 11... More »

PFI Announces Interim Results
25 Feb, 10:33am
Property for Industry Limited (PFI, the Company) today announced the Company’s interim result for the six months ended 31 December 2024 (referred to as the FY25 interim results, or H1 FY25)[1]... More »

MCK Target Company Statement
24 Feb, 11:50am
The Independent Directors of Millennium & Copthorne Hotels New Zealand Limited (MCK, the Company, NZX: MCK) strongly recommend that shareholders DO NOT ACCEPT the takeover offer (the Offer) made on 10 February 2025... More »

GNE - Strategy execution gaining momentum in challenging period
21 Feb, 2:06pm
Genesis Energy (“Genesis”) delivered a strong financial performance in H1 FY25, leveraging portfolio flexibility in a challenging environment posting EBITDAF of $216.5m and NPAT of $70.3m... More »

Spark New Zealand Limited H1 FY25 Results
21 Feb, 1:54pm
In accordance with the NZX Listing Rules, Spark New Zealand releases the following to the market in relation to Spark New Zealand Limited’s H1 FY25 results:... More »

Fonterra provides FY25 earnings and milk collections update
21 Feb, 1:39pm
Fonterra Co-operative Group Ltd today provided an update on its forecast earnings for FY25, which it anticipates will be in the upper half of the previously announced forecast earnings range of 40-60 cents per share... More »

BLS - Revenue Growth and Profitable Third Quarter
21 Feb, 10:25am
For the third quarter ending 31 December 2024, Blis Technologies Limited (BLIS) delivered revenue of $3.2m, being growth of 4% on the same period last year and a positive EBITDA result of $0.3m (unaudited)... More »

Stride Property Group - FY25 Third Quarter Dividends
20 Feb, 4:21pm
Stride Property Group (Stride) confirms that, consistent with previous guidance, it is targeting a combined annual cash dividend for the financial year ending 31 March 2025 (FY25) of 8.00 cents per stapled security, subject to market conditions... More »

Precinct FY25 first half result
20 Feb, 1:09pm
Precinct Properties Group (Precinct) (NZX: PCT) reported its financial results for the six months ended 31 December 2024 today... More »

Air New Zealand reports 2025 Interim Result
20 Feb, 12:45pm
Air New Zealand has today announced earnings before taxation of $155 million for the first half of the 2025 financial year, achieving a result at the upper end of the guidance range provided to the market in November 2024. Net profit after taxation was $1... More »

AIA - FY25 Interim Results
20 Feb, 11:41am
1H25 results: Increased demand from Kiwis for international travel offsets subdued domestic aviation market conditions... More »

EBOS Leadership Transition
19 Feb, 3:22pm
EBOS Group Limited (“EBOS” or “the Group”) today announces that John Cullity will retire as Chief Executive Officer (CEO), effective 30 June 2025. EBOS is also pleased to announce that the Board has appointed Adam Hall as his succe... More »

Fonterra provides update on Consumer divestment process
19 Feb, 12:59pm
Fonterra Co-operative Group Ltd has today provided an update on the process to divest its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka... More »

Meridian enters into agreement to acquire NZ Windfarms
19 Feb, 11:33am
Meridian Energy has entered into a Scheme Implementation Agreement (SIA) with NZ Windfarms Limited (NZWF). Under the terms of the SIA, Meridian will acquire all of the shares in NZWF via a court-approved Scheme of Arrangement for $0.25 cash per share... More »

Fletcher Building Announces HY25 Results
19 Feb, 10:42am
Fletcher Building Managing Director & CEO Andrew Reding said: “The first half of the 2025 financial year continued to be a challenging period for our businesses as very difficult trading conditions continued across all our segments... More »

Turners upgrades FY25 profit guidance
18 Feb, 4:00pm
Turners Automotive Group Limited (NZX/ASX: TRA) announces today an upgrade to its FY25 guidance to a net profit before tax of at least NZ$53M (previous guidance to exceed $50M net profit before tax), 8% ahead of the NZ$49.1M achieved in FY24... More »

Infratil Increases its Investment in CDC
18 Feb, 1:41pm
Infratil Limited (“Infratil”) (NZX/ASX: IFT) today announces that, alongside The Future Fund (“Future Fund”), it has exercised pre-emption rights to acquire a 12.04% stake in CDC Data Centres (“CDC”) from Commonwealth S... More »

Devon Funds Morning Note - 18 February 2025
18 Feb, 1:10pm
The US markets were closed for Presidents’ Day but the European indices hit a record high on Monday. The STOXX50 jumped 0.4% and the German DAX surged 1.3%. The defence sector boomed as European leaders gathered at an emergency summit to discuss the... More »