Financial Year (FY) Stories - Page 6

Global Stories

Financial Year (FY) stories

Anzco posts weaker 2014 profit after taking control of Five Star Beef

Anzco Foods, New Zealand's third-largest meat company, said profit halved in 2014, a year in which it bought out shareholder Itoham Foods' half stake.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015

Unified Communications

Chorus expects lower UFB build costs this year after signing new contracts

Chorus, the regulated telecommunications network operator, expects cheaper costs for the roll-out of its ultrafast broadband network in the current.

By Pattrick Smellie • 3 min read • Tue, 25th Nov 2014

Stories from Other Regions

Financial Year (FY) stories

Diversus

Aussie tech solutions firm Diversus records strongest year yet

Business and technology solutions firm Diversus has recorded its strongest financial year yet with strong indications revenue will double in FY 2016.

By Shannon Williams • 2 min read • Tue, 1st Sep 2015

UXC

UXC caps bumper year with record revenue and solid profit gains

UXC posts record revenue for the 2015 financial year, with annuity business paying dividends – and 53% of full year FY16 revenue already confirmed.

By Heather Wright • 3 min read • Fri, 21st Aug 2015

JB Hi-Fi

JB Hi-Fi NZ earnings drop 50% on skinnier margins, flat sales

JB Hi-Fi's New Zealand earnings halved in the latest financial year as the Australian retailer's margins shrank and sales were little changed.

By Pattrick Smellie • 2 min read • Mon, 10th Aug 2015

Physical Security

NZ govt gives up chasing NextWindow R&D grants

The government has given up on trying to claw back $3.9 million in research and development grants paid to failed touchscreen developer NextWindow.

By Pattrick Smellie • 4 min read • Fri, 5th Jun 2015

Metservice

MetService expects FY earnings to drop on delay in inking new MoT contract

Meteorological Service of New Zealand, the state-owned weather bureau, says annual earnings will be $2 million less than estimated because of delays f.

By Pattrick Smellie • 2 min read • Thu, 26th Mar 2015

Government

Airways 1H earnings fall 36% as new businesses miss forecasts, costs rise

Airways Corp of New Zealand, which is in charge of the nation's air traffic control, posted a 36 percent decline in first half profit as its investmen.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015

Government

NZ govt posts small surplus in 7 mths to January as tax take swells

The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.

By Pattrick Smellie • 3 min read • Wed, 11th Mar 2015

Power / Energy

Solid Energy delays first-half report, says future coal price weights on debt repayment

Solid Energy, the state-owned coal miner whose chair Pip Dunphy stepped down this week, will delay reporting its first-half accounts.

By Pattrick Smellie • 2 min read • Fri, 27th Feb 2015

Insurance Australia Group

UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition

Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.

By Pattrick Smellie • 3 min read • Wed, 18th Feb 2015

Investment

Property For Industry expects to pay more of its earnings in dividends in 2015

Property For Industry, New Zealand's only listed company specialising in industrial property, expects to pay more of its earnings in dividends in t.

By Pattrick Smellie • 3 min read • Tue, 17th Feb 2015

Supply Chain

Nufarm plans to consolidate European plants, take 30M euro charge

Nufarm, the agricultural chemicals manufacturer, will take a 30 million euro charge this year to consolidate its European manufacturing operations.

By Pattrick Smellie • 2 min read • Mon, 9th Feb 2015

PGG Wrightson reaffirms 2015 earnings growth, signs of weak dairy weighing on market

PGG Wrightson, the rural services firm controlled by China's Agria Corp, has affirmed expectations for earnings growth in 2015 but is seeing 'signs.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014

Unified Communications

Vodafone NZ appoints expat Mark Aue as new CFO after de la Feunte returns to Spain

Vodafone New Zealand, the country's biggest mobile phone operator, has appointed expatriate Mark Aue as its new chief financial officer, replacing.

By Pattrick Smellie • 2 min read • Tue, 16th Dec 2014

Financial Year

NZ govt deficit bigger than expected as Solid Energy indemnity weighs

The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged forecast and an indemnity for.

By Pattrick Smellie • 3 min read • Wed, 10th Dec 2014

Health Technologies

UPDATE: Ryman posts 13% gain in 1H earnings, on track for FY target of 15% increase

Ryman Healthcare, New Zealand's largest listed retirement village builder and operator, posted a 13 percent gain in underlying first-half profit an.

By Pattrick Smellie • 3 min read • Fri, 21st Nov 2014

Sales

Warehouse affirms forecast for higher 2015 profit even amid softer trading

Warehouse Group, New Zealand's largest listed retailer, affirmed its expectation for a rise in annual earnings even as sales lag behind forecast he.

By Pattrick Smellie • 2 min read • Fri, 21st Nov 2014

Argosy Property lifts first-half profit 25% on occupancy boost, divestments

Argosy Property Fund lifted first-half earnings 25 percent as New Zealand's fourth-largest listed property investor boosted its occupancy rate and.

By Pattrick Smellie • 2 min read • Wed, 19th Nov 2014

NZX

Pacific Brands sells unprofitable footwear, sports apparel business

Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting appa.

By Pattrick Smellie • 3 min read • Tue, 18th Nov 2014