Z lifts profit margins as it loses market share
Z Energy's chief executive Mike Bennetts is cagey on whether his company is prepared to continue to lose market share to maintain profit margins. With special feature audio.
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Rich List
Z Energy’s [NZX: ZEL] fuel profit margins continued to climb as it lost market share during the year ended March.
The company’s petrol volumes fell 3% as the industry volumes rose 2% in the year, and Z’s diesel volumes fell 5% against flat industry volumes.
At the same time, its average profit
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Jenny Ruth
Fri, 13 May 2016
Fri, 13 May 2016
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Z lifts profit margins as it loses market share
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