BRIAN GAYNOR: NZX companies & the economy

BRIAN GAYNOR: NZX companies & the economy
Brian Gaynor
What are our stock exchange listed companies, which should be a strong barometer of the economy, indicating at present?And what are they telling shareholders about current trading conditions and future prospects?The following eight companies provide a good cross-section as they either made profit announcements, issued profit guidances, or held annual meetings this week.DelegatDelegat was the standout performer of the week with the announcement that it expects net operating earnings of $59 million for the June 2020 year compared with $51.4...

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TradeWindow raises run rate, narrows loss
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TradeWindow raises run rate, narrows loss

Company remains on track for monthly breakeven in the first half of next year.

Tower reports $74m profit under tranquil skies
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Tower reports $74m profit under tranquil skies

Tower customers are shunning cars popular with thieves.

Record half for F&P Healthcare
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A strong result boosts dividend, suspends dividend reinvestment scheme.

Don’t fret shareholders, dividends wool come
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Don’t fret shareholders, dividends wool come

Listed wool company Bremworth held its annual meeting in Auckland this week.