A prolonged retail destocking phase has hindered sales, but the transition timeline back into restocking remains unclear.
Australian billionaire family-owned Seven valued Boral at A$6.67 billion. The latter’s board believes the company is worth at least $7.17b.
Robotics company’s head of Europe and North America named interim chief executive.
The new fund, separate to Infratil, will invest across OECD markets in Europe, North America and Australasia.
Pioneering rock crushing machines are being adapted to solve global labour shortage across minerals industry.
Resignation attributed to head office shift from Auckland to Sydney.
‘We’ve been saving our pennies for a while,’ says managing director Rod Duke.
Aggregate net profit at NZX-listed firms down 7%, the worst performance on record.
It is doubtful whether the new plan will quell investors’ concerns over the trajectory of the company.
NBR understands listed transport company is in a dispute resolution process with Transport Agency Waka Kotahi.