KMD Brands’ hugely discounted equity raise, ANZ’s confidence survey drop, and house price doldrums indicate a difficult path forward.
The NZX-listed winemaker made a $39m profit despite drop in Asia-Pacific markets
NZ Herald publisher sees adspend drop in FY2020, hurting revenues, but debt and expenses also down.
Float on track as earnings rise 5%.
NZ RegCo investigation includes disclosures about MPI investigation and missing stock.
But demand still expected to outstrip supply later this year.
Listed gentailer presses play on construction of $395m Hawke’s Bay wind farm.
Permanent job losses expected.
First-half profit after tax rose a huge 82%.
But debt down and ebitda nudges up after cost containment drive.