Infratil tips earnings at top of guidance range for current FY

Infratil tips earnings at top of guidance range for current FY

By Pattrick Smellie Aug. 24 (BusinessDesk) - Infrastructure investor Infratil sees earnings in the current financial year "bouncing around the top end of guidance," chief executive Marko Bogoievski told the company's annual meeting in Wellington. At its investor day in Apri...

Pattrick Smellie 24 Aug 2018
TVNZ reports first year of stable revenues since 2012, profit up

TVNZ reports first year of stable revenues since 2012, profit up

By Pattrick Smellie Aug. 24 (BusinessDesk) - State-owned broadcaster Television New Zealand is counting its first year of stable revenues since 2012 as a win as it reports a 58.6 percent increase in operating earnings for the year to June 30. Total revenues of $318.5 millio...

Pattrick Smellie 23 Aug 2018
CORRECT: TradeMe delivers 22cps special dividend as revenue cracks quarter of a billion dollars

CORRECT: TradeMe delivers 22cps special dividend as revenue cracks quarter of a billion dollars

(Corrects company's incorrect date for special dividend payment, and rate for final dividend, both in third par) By Pattrick Smellie Aug. 22 (BusinessDesk) - TradeMe Group is distributing $100 million via a 22 cents per share special dividend, as the online auction company...

Pattrick Smellie 21 Aug 2018
SSC cans executive search, confirms Carolyn Tremain as MBIE chief executive

SSC cans executive search, confirms Carolyn Tremain as MBIE chief executive

By Pattrick Smellie Aug. 14 (BusinessDesk) - The acting chief executive for the Ministry of Business, Innovation and Employment, Carolyn Tremain, has been confirmed as the permanent replacement for David Smol, who left the position more than a year ago. Cabinet papers relea...

Pattrick Smellie 13 Aug 2018