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Companies
Genesis Energy says power shortage cost it $59 million
Genesis Energy lifted its earnings in the first half, despite a difficult winter.
Fonterra says full-year earnings will be in ‘upper half’ of range
It has a 40c to 60c per share guidance range.
‘Customers have less money’ - SkyCity chief on downgrade of full-year profit
Casino company had to spend more money than anticipated in Australia, CEO says.
Auckland Airport profit up despite challenges
Auckland Airport's underlying profit flat, but it had its busiest day since before Covid.
Air NZ profit down, $100m share buy-back announced
Engine issues impact airline as domestic demand slumps too.
SkyCity group profit down 73%
Casino, entertainment and hotel giant explains how market treated it.
Ebos CEO Cullity resigns, first-half result solid
John Cullity will be replaced by Adam Hall.
‘Market turned down more quickly ... deeply’: Fletcher CEO on climbing losses
New CEO steps in as losses climb further: what next for the giant Australasian business?
Fletcher Building's half-year loss climbs to $134m
Intense competitive forces, slowing of demand influence result.
Thousands of farmers to earn cash for their climate efforts
Fonterra estimates more than 5000 farms will be eligible for a bonus next season.
Buyer named: $26m paid for neighbouring Herne Bay villas, each with a pool
Commodities trading heir in $26m deals.
Opinion: Why Labour’s banking claims ring hollow
Credit unions felt ignored by Labour during financial reforms.
Service remains king as food delivery app interest declines
Just 40% of New Zealanders prefer the use of QR codes on menus over traditional methods.
Genesis beefs up coal supply to avoid another power price spike
Genesis Energy has bolstered its coal supply to avoid another power shortage.
Freightways eyes trans-Tasman growth “if it fits right”
A solid HY25 result in a moribund economy.
A2 Milk first-half net profit up 7.6%, sets 8.5¢ dividend
A2 Milk beats market expectations, ends half with net cash position of more than $1b.
Opinion: How to turbocharge manufacturing in New Zealand
The Government will need invest to help manufacturers embrace technology.