Profit  jumps to $2.7m in the year ended March 31 from $1.1m a year earlier, and sales are up 26% to $59.9m.

Guinness Peat Group will have to keep on more staff than previously planned.

The company's property portfolio was revalued at $976.9m from $905.2m.

Traders are more upbeat about the Fed tapering off QE this year as the world's biggest economy shows signs of improvement.

Some best-selling supermarket meals and snacks contain more sugar than a can of Coca-Cola, despite being described as savoury and “natural”.

When shareholders give their approval it will be the 29th largest listed company.

Revenue from the Trilogy brand accounted for about 60% of the company's $26.6 million in sales for the year ended March 31.