Abano earnings improve slightly; Australian sales keep falling

Jenny Ruth
Mon, 25 Nov 2019

Abano Healthcare's operating profit in the year to date was slightly ahead of the prior year with New Zealand sales marginally higher but Australian revenue continues to decline, according to chief executive Richard Keys. Earnings before interest, tax, depreciation and amortisation, and before the impact of the new lease accounting standard, were $14.4 million for the five months ended October, the dental practice aggregator told shareholders at today's annual meeting. Lumino, the New Zealand dental business, has a strong local and intern...
PATTRICK SMELLIE: What do the Nats do now?
Pattrick Smellie | Tue, 14 Jul 2020

Todd Muller's only job as National Party leader was to lose the election better than it seemed Simon Bridges was destined to do. Whoever replaces Muller has an even simpler task: save as much of th...

Listed Companies
Huljich family sells 25% of Pushpay stake
Dan Brunskill | Tue, 14 Jul 2020

The Huljich family has sold a quarter of its cornerstone stake in Pushpay Holdings, one of the rising software company stars. The 14.4 million shares were sold for $123.8 million, or $8.60 per shar...

Housing market rebounds sharply; caution required
Jenny Ruth | Tue, 14 Jul 2020

The housing market bounded out of lockdown last month with sales volumes the highest for June in four years and prices nationally up 8.6 percent from a year earlier. The Real Estate Institute's lat...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.