At the 2022 Annual Meeting we advised that the forecast half year result to 31 December 2022, while tracking behind last year's record, was anticipated to be a solid result. The Group remains on track to deliver a solid result although it will be materially behind last year, but ahead of the $18.2m December 2020 half year result.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
Forsyth Barr says a premium valuation is now warranted.
The only worst performer is the Norwegian krone.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details