British uncertainty looms as Gentrack posts loss

British uncertainty looms as Gentrack posts loss
Paul McBeth
Utilities software developer Gentrack posted a loss, as expected, having written off a dud investment earlier this year, while the impact of customers going bust weighed on underlying earnings.The Auckland-based company reported a net loss of $3.3 million in the 12 months ended Sept. 30, compared to a profit $13.9 million a year earlier. The bottom line was dragged down by a $14.6 million impairment charge from writing off the carrying value of CA Plus, which it bought in 2017.The underlying result wasn’t much better, with earnings before inter...

More Infrastructure

Property for Industry says valuation cycle turning
Infrastructure

Property for Industry says valuation cycle turning

It cites strong occupancy, lease terms behind and sees strong 2026.

Staff reporters 21 Oct 2025
Labour's Future Fund: a shaky policy debut
Opinion

Pattrick Smellie: Labour's Future Fund: a shaky policy debut

Labour's NZ Future Fund is more sizzle than sausage.

Pattrick Smellie 21 Oct 2025
What Infratil likes about Contact Energy
Infrastructure

What Infratil likes about Contact Energy

Infratil is keeping its options open, while TECT diversifies.

Asset recycling: privatisation or better housekeeping
Policy

Asset recycling: privatisation or better housekeeping

On asset recycling, Silvana Schenone cites Marie Kondo rather than Milton Friedman.

Dileepa Fonseka 20 Oct 2025