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Headwinds remain for Z Energy, say analysts

First quarter better than expected but a long way to go.

Reweti Kohere Wed, 22 Jul 2020

Analysts say Z Energy’s headwinds are unlikely to let up despite a better-than-expected showing for the first quarter.

The listed fuel retailer’s share price jumped 5c to $2.80 on news it was on track to deliver cost reductions after earnings took a hammering during the Covid-19 lockdown.

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Reweti Kohere Wed, 22 Jul 2020
Contact the Writer: reweti@nbr.co.nz
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Headwinds remain for Z Energy, say analysts
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