close
Investment
5 mins to read

Cyclone Gabrielle hands Bremworth a silver lining

More processing offshore has led to lower costs and higher capacity – and bigger growth aspirations, company tells shareholders.

Napier under water after Cyclone Gabrielle earlier this year.

Dita De Boni Mon, 27 Nov 2023

Cyclone Gabrielle appears to have been a double-edged sword for listed carpet maker Bremworth, seeing its Napier yarn spinning plant shuttered with a loss of jobs, but leading the company to find a cheaper way to process more yarn – offshore – and fund ambitious growth plans.

In February this

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Cyclone Gabrielle hands Bremworth a silver lining
Investment,
101857