News in Brief

News in Brief
Air NZ facing 'increasingly' challenging tough second half
News in Brief

Air NZ facing 'increasingly' challenging tough second half

It expects full year earnings of between $200m and $240m.

Riley Kennedy 19 Feb 2024
a2 Milk's 1H result ahead of expectations
News in Brief

a2 Milk's 1H result ahead of expectations

a2 Milk has lifted its first-half net profit by 15.6% to $85.3 million. 

Staff reporters 19 Feb 2024
Ryman lowers profit guidance, blaming weaker sales
News in Brief

Ryman lowers profit guidance, blaming weaker sales

Ryman Healthcare has downgraded its full-year profit expectations, blaming lower-than-forecast sales.The New Zealand stock exchange-listed retirement village operator’s previous profit guidance of between $300 million and $330m was based on the assumption of 273 occupations right...

Staff reporters 19 Feb 2024
SkyCity anti-money laundering charges confirmed
News in Brief

SkyCity anti-money laundering charges confirmed

Civil proceedings against SkyCity for alleged breaches of anti-money laundering laws have been confirmed by its regulatorOn Feb 12, the casino operator told the New Zealand stock exchange (NZX) it faced legal action, which carried penalties of up to $8 million.On Friday, the Depa...

Ian Llewellyn 16 Feb 2024