PGG Wrightson Limited Chairman, Joo Hai Lee, announced today that the Operating EBITDA forecast for the year to 30 June 2023 is around $62 million, however this is back from last year’s $67.2 million as the macroeconomic environment is uncertain.
Factors such as inflationary pressures, labour shortages, rising food prices and the proposed agricultural emissions scheme are contributing to the decrease in forecast.
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The busy executive has been keen to restore her work-life balance.
A new pricing regime comes as the company seeks amendments to loan covenants.
Michael Hill Jewellers’ performance has declined for 2023, following a tough year of retail pressures and crime for its New Zealand arm.The group reported a 4.2% increase in revenue, up to A$644 million (NZ$6397.2m), thanks to continued performance in Australia and Canada and the...
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