Latest New Zealand News

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

FBR Limited invites eligible shareholders to participate in a $1 million Share Purchase Plan at a 23.1% discount, aiming to fund key robotic projects and repay debt.

Kogan.com has recorded a significant non-cash goodwill impairment related to its Mighty Ape acquisition, reflecting ongoing challenges in New Zealand’s retail market and delayed technology recovery.

Adrad Holdings reported an 8.9% rise in FY25 sales revenue to $153.1 million despite a slight dip in EBITDA, while declaring a fully franked dividend and outlining strategic initiatives for FY26.

Lendlease Group has announced a fully franked ordinary dividend of AUD 0.1696 per security for the first half of FY25, alongside a Dividend Reinvestment Plan with no discount.

Michael Hill International has appointed Jonathan Waecker as its new CEO, bringing a wealth of global retail and digital expertise to steer the company’s transformation starting August 2025.

GWA Group Limited reported modest revenue and earnings growth for FY2025, underpinned by strong Australian and UK markets, while announcing a $30 million on-market share buyback starting September 2025.

Silex Systems Limited has announced a Share Purchase Plan (SPP) aiming to raise up to $15 million, offering existing eligible shareholders new shares at a price capped at $3.90 or a 2% discount to recent trading prices. This follows a $130 million institutional placement and supports key commercialisation projects in uranium enrichment.

GWA Group Limited reported modest revenue and profit growth for FY2025, driven by disciplined execution amid challenging markets. The company raised its dividend and announced a $30 million on-market share buyback, underscoring confidence in its financial position.

EVT Limited has launched EVT Connect Hospitality, a new hotel management brand, and announced the $74 million acquisition of Pro-invest Hotels, adding over 3,200 rooms under management across Australia and New Zealand.

Ampol Limited reported a resilient first half of 2025 with $649 million RCOP EBITDA and a strategic push into EV charging and renewable fuels. The company declared a fully franked 40 cents per share interim dividend, underscoring confidence in its growth trajectory.

Ampol Limited reported a resilient first half in 2025 with steady earnings and declared a fully franked interim dividend, while announcing a transformative acquisition of EG Australia pending regulatory approval.