The NZX-listed retailer is looking to reduce its cost of doing business to below 31% of sales.
CEO David Mair promises a better six months ahead boosted by new initiatives and lower inventory.
The proceeds from its $902m capital raise would go towards paying off foreign debt, but it comes with a $134m penalty fee.
The delayed motorway, due to complete last August, is going through the handover process, says CEO.
Lack of regulation makes New Zealand market unattractive, says casino operator.
About 300 flights cancelled yesterday afternoon when winds made ground operations unsafe.
Like competitor Vulcan, revenues hit record highs while earnings soften as macro-economic measures take effect.
The listed retirement village operator is tapping shareholders for more capital for the first time since it debuted in 1999.
Despite lowering full year expectations, construction group sees scope to hit top end of guidance range.
Casino operator likely to announce first dividend since 2021, say analysts.