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....

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