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

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Forsyth Barr highlights 'hidden gem' at Ebos
Markets

Forsyth Barr highlights 'hidden gem' at Ebos

Both businesses were part of its A$1.16b LifeHealthcare acquisition.