No spring surprises in NZ-listed company earnings

No spring surprises in NZ-listed company earnings
Some strong earnings weren't enough to settle investors' nerves. (Image: NZX)
Paul McBeth
New Zealand-listed companies stuck to their knitting in the June period, largely delivering on the earnings forecasts they’d provided but refraining from peering too deeply into the crystal ball. Jarden analysts Adrian Allbon, Arie Dekker and Christian Bell said the reporting season generally showed improved earnings but tempered outlooks. Inflationary pressures, high interest rates and electoral uncertainty made it hard for corporate management teams to predict the future. Jarden analysts said 79% of the 37...

More Markets

Ebos buys Vital Petfoods assets from receiver
Markets

Ebos buys Vital Petfoods assets from receiver

Distressed assets have been snapped up by the pet food maker.

Denise McNabb 18 Apr 2025
Tourism Holdings and inflation updates drive NZX up
Markets Market close

Tourism Holdings and inflation updates drive NZX up

Tourism Holdings could be one of the most directly impacted shares of the US tariffs.

Tom Raynel 17 Apr 2025
Heartland Bank accountant fined over insider trading
Markets

Heartland Bank accountant fined over insider trading

A former Heartland Bank accountant has been sentenced to six months’ home detention and ordered to pay a fine after pleading guilty on three charges relating to insider trading.Kevin Young, a former treasury accountant with Heartland Bank, purchased Heartland Group Holdings Limit...

Staff reporters 17 Apr 2025
Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025