PGG Wrightson a stand-out as NZX 50 slides 1.2% to kick-off earnings season

PGG Wrightson shares have risen more than $1 since December. (Image: Warren Buckland)

Tue, 12 Aug 2025

A good result from PGG Wrightson was a bright spot during what was a busy but downcast day on the New Zealand sharemarket.The S&P/NZX 50 index dropped 1.18% to 12,759.68 points on Tuesday as earnings season kicked off with PGG Wrightson's full-year result. Across the market, 46.4 million shares worth more than $168.1m traded. The rural services firm’s share price lifted 4.07% to $2.56 after it reported operating revenue had climbed 6% to $975.3m. It reported a net profit after tax (npat) of $10.7m, up $7.6m on the prior year....

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}