Dene Mackenzie

AIA long-term investment: broker

AIA long-term investment: broker

Auckland International Airport remained a quality long-term investment story given its control of New Zealand's major tourism gateway, Forsyth Barr broker Peter Young said yesterday.

'Stunning' result for winemaker

'Stunning' result for winemaker

Delegat's Group yesterday reported a "stunning result" for the year ended June in a year which could have been difficult for a premium wine maker, ABN Amro Craigs broker Chris Timms said yesterday.

F&P engineers have designs on Chinese cooking

F&P engineers have designs on Chinese cooking

Fisher and Paykel Appliances designers got a taste of their own cooking yesterday when they took part in "Stir Fryday" to celebrate the opening of the new design centre kitchen.

Loan impairment charge worrying sign

Loan impairment charge worrying sign

The increase in South Canterbury Finance's provision for loans that might default was a concern, ABN Amro Craigs broker Peter McIntyre said yesterday.

Air New Zealand makes the best of bad year

Air New Zealand yesterday put a positive spin on its profit for the year ended June 30, despite its slipping 26% to $145 million compared with the $197 million reported last year.

PGG Wrightson profit declines

Farming services company PGG Wrightson yesterday reported a disappointing profit for the year ended June, and indicated its debt facilities were being renegotiated again.

$US15.6m loss in difficult year for NZ Farming Systems Uruguay

NZ Farming Systems Uruguay reported a full-year operating loss of $US15.6 million ($NZ23.1 million), as the company was hit by drought and falling dairy prices.

THL decides against declaring dividend as profit slumps

Tourism Holdings Ltd has again fallen victim to the volatile nature of the sector in which it operates.

NZOG profit down by 45%

New Zealand Oil & Gas' profit for the year ended June fell by 45%, but the company is nonetheless still in a strong financial position.

Strong Vector result in line with expectations

Strong Vector result in line with expectations

Vector produced a strong profit for the year ended June, but Forsyth Barr broker Peter Young said the company would find it hard to replicate the result next year.