Latest New Zealand News

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Reckon Limited posted a modest revenue increase to $54.1 million for FY2024, yet net profit declined by 25.7%, reflecting margin pressures despite operational gains. The company also announced a strategic acquisition aimed at bolstering future growth.
Victor Sage
Victor Sage
11 Feb 2025
CSL Limited has announced a USD 1.30 per share dividend for the half-year ending December 2024, marking a steady return for investors despite the payout being fully unfranked.
Ada Torres
Ada Torres
11 Feb 2025
Vulcan Steel Limited has announced a fully franked ordinary dividend of NZD 0.02588235 per share for the six months ending December 2024, payable on March 27, 2025. The dividend includes a supplementary component for Australian shareholders.
Victor Sage
Victor Sage
11 Feb 2025
Vulcan Steel’s 1H FY25 results reveal a steep decline in profitability amid tough economic conditions, yet the company signals cautious optimism for a market rebound in 2025.
Victor Sage
Victor Sage
11 Feb 2025
Vulcan Steel Limited reported a 12.6% revenue decline and a 64.8% drop in net profit for the first half of FY25 amid challenging market conditions. Despite this, the company achieved a 10% return on capital employed and is positioning itself for growth as economic recovery signs emerge.
Victor Sage
Victor Sage
11 Feb 2025
Vulcan Steel Limited reported a challenging first half of FY25 with significant declines in revenue, EBITDA, and net profit, yet maintained a solid 10% return on capital employed and declared a cautious interim dividend.
Victor Sage
Victor Sage
11 Feb 2025
Foresta Group Holdings has signed a non-binding term sheet with Genesis Energy to supply torrefied wood pellets for Huntly Power Station, marking a pivotal step toward reducing New Zealand’s coal dependency by 2028.
Maxwell Dee
Maxwell Dee
10 Feb 2025
Pro-Pac Packaging has updated its quarterly cash flow report, highlighting a net cash outflow from operations and outlining plans to improve margins and secure longer-term funding.
Victor Sage
Victor Sage
10 Feb 2025
Australian Foundation Investment Company Limited has updated its interim dividend announcement, detailing foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans. The fully franked dividend of AUD 0.12 per share is set for payment on February 25, 2025.
Claire Turing
Claire Turing
10 Feb 2025
Wellnex Life Limited has announced a non-renounceable entitlement offer to raise approximately $22.1 million at $0.65 per share, supporting its planned AIM listing and strategic growth initiatives.
Victor Sage
Victor Sage
10 Feb 2025
Wellnex Life Limited has initiated a $22.1 million entitlement offer priced at $0.65 per share, coinciding with its proposed dual listing on the London Stock Exchange's AIM market, driven by strong UK institutional interest.
Ada Torres
Ada Torres
10 Feb 2025
BTC Health has transformed its decade-long license agreement with Arna Pharma into an indefinite partnership, gaining royalties from Singapore and Malaysia sales and first rights to new pharmaceutical products in Australia and New Zealand.
Ada Torres
Ada Torres
10 Feb 2025