BRIAN GAYNOR: NZX companies & the economy

Sat, 27 Jun 2020

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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