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SAP's NZ unit posts record sales as parent makes push into cloud

SAP's NZ unit posts record sales as parent makes push into cloud

By Jonathan Underhill June 24 (BusinessDesk) - SAP New Zealand, the local unit of the world's biggest business management software company, posted a 32 percent jump in sales last year to the highest in more than a decade on growth in its traditional enterprise applications....

23 Jun 2014
Westfield’s forgotten NZ unit boosts underlying earnings in 2013

Westfield’s forgotten NZ unit boosts underlying earnings in 2013

By Pam Graham June 24 (BusinessDesk) – The $2.8 billion of local shopping malls owned by Australia’s Westfield Group barely got a mention in the 423-page document for the company’s restructure but accounts filed in New Zealand show earnings of $165.8 million in 2013. The ma...

23 Jun 2014
Serko first trades at $1.13 in NZX debut, for 2.7% gain from IPO

Serko first trades at $1.13 in NZX debut, for 2.7% gain from IPO

By Jonathan Underhill June 24 (BusinessDesk) - Shares of Serko, the online business travel booking company, rose 2.7 in their NZX debut after closing the retail portion of its initial public offering early because of strong demand. The shares first traded at $1.13 compared...

23 Jun 2014