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CORRECT Z Energy sales slide on margin push, operating earnings up

CORRECT Z Energy sales slide on margin push, operating earnings up

(corrects pars 6 and 7, where guidance figures in original were wrongly interpreted as being forward-looking) May 3 (BusinessDesk) - Z Energy's second full year of operation since its sale to local investors by Shell has produced a 13.1 percent lift in operating earnings, althou...

02 May 2013
Briscoe lifts 1Q sales 5.9 percent , offsetting thinner margins on competition, late winter start

Briscoe lifts 1Q sales 5.9 percent , offsetting thinner margins on competition, late winter start

By Paul McBeth May 3 (BusinessDesk) - Briscoe Group, the homeware and sports goods chain controlled by managing director Rod Duke, lifted first-quarter sales 5.9 percent, helping offset weaker gross margins caused by increasing competition among retailers and a late start to win...

02 May 2013
Auckland house prices slip from record in April as news listings rise Barfoot

Auckland house prices slip from record in April as news listings rise Barfoot

May 3 (BusinessDesk) – Average house prices in Auckland fell from a record high last month, snapping a three-month advance, as more properties came to market, according to Barfoot & Thomspon, the city’s biggest realtor. The average sale price fell about 0.5 percent to $643,089,...

02 May 2013