Air NZ pulled its earnings guidance amid spiking jet fuel prices.
The company announced in its interim results today that it is cash positive for the first time in more than a decade.
The listed insurer defends its prices, and competition within the sector, after record results.
Auckland Airport CEO Carrie Hurihanganui says new Air NZ chief is a ‘great chap’ and that pricing disagreement ‘is what it is’.
An Australian media outlet has speculated the retirement village owner will consider an equity raise, after net debt hit $1.8b earlier this year.
Analysts say it was a robust first-half result from the NZX’s largest company, and one that was hard to pick holes in.
Taiko Critical Minerals aims to raise capital next year for consented industrial minerals project near Greymouth.
Medical test developer lost federal insurance coverage earlier this year but could come out better off next year.
Cost-cutting measures have offset a decline in revenue, helping to boost underlying earnings for the glass company.
Share price of software provider to utilities and airport companies is up more than 13% on positive full-year results.
