How Turners used three simple goals to reach the NZX50

How Turners used three simple goals to reach the NZX50
Turners boss Todd Hunter says momentum is hard to get, but once you have it, it's very powerful. (Image: Turners Automotive Group)
Rebecca Stevenson
And now, the NZX20. Turners Automotive Group has joined the club of 50 and officially now counts as one of the S&P NZX50 Index firms with the 50 largest market capitalisations on the New Zealand stock exchange (NZX). It’s been a long-held goal for group chief executive officer Todd Hunter and chair Grant Baker and brings with it the cachet of being among the NZX’s best and investment from NZX50 Index tracking funds. Hunter said the Turners team toasted the milestone with a few quiet beers on Friday. ...

More Markets

NZ stocks end lower while Eroad tanks
Markets Market Close

NZ stocks end lower while Eroad tanks

The S&P/NZX 50 Index dropped 99.89 points or 0.75% to 13,289.21.

Macpac NZ profits drop 71% as softer sales hit margins
Retail

Macpac NZ profits drop 71% as softer sales hit margins

The sales drop in New Zealand was larger than Kathmandu's.

Eroad shares slump 23% as it shifts focus from North America
Markets

Eroad shares slump 23% as it shifts focus from North America

Eroad cuts North America exposure, impairing $150m in assets.

$55m deal secures Santana mining land
Primary Sector

$55m deal secures Santana mining land

The gold miner now owns all the land where its best mining prospects lie.