However, the market has been warned against pre-Christmas trading assumptions.
The retail and residential operator is as disappointed as anyone in its share price performance, chair says.
Divestment of noncore assets has reduced scale and diversity of portfolio and will diminish rental income.
Christchurch company is trying to reduce reliance on two key semiconductor customers.
Volaris offers 69% premium for telematics business which has struggled to make headway in North America.
UPDATE: Listed telematics business says it has received a non-binding, indicative takeover offer.
The cuts are part of cost saving initiatives at the listed horticulture company.
Market activity and house sales weaker than previously forecast.
Chemicals group last week lowered earnings guidance on cost challenges.
Extent and contents of data theft unknown but company says it doesn’t store cardholder information.