Latest New Zealand News

Experience Co Limited reported a strong FY25 with record revenue and earnings growth, driven by its Skydiving and Adventure Experiences segments. The company is advancing organic growth and acquisitions while maintaining disciplined capital management heading into FY26.

Uvre Limited has secured a key Prospecting Permit for the historic Invincible Gold Project in New Zealand’s Otago Goldfields, setting the stage for exploration activities starting late 2025 and maiden drilling in 2026.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Horizon Oil Limited reported robust FY25 results, highlighted by a strategic acquisition of Thailand upstream assets and a 10-year permit extension at Maari, nearly doubling production and securing a strong outlook through 2030.

Helloworld Travel has tabled a non-binding offer to acquire all remaining shares of Webjet Group at a 31% premium, aiming to create a stronger travel booking powerhouse.

Ridley Corporation reports solid FY25 earnings growth and outlines a diversified growth strategy for FY26, anchored by its recent Incitec Pivot Fertilisers acquisition.

Acusensus Limited has raised its FY26 revenue guidance to $83-$87 million, driven by significant new contracts in the US and New Zealand and expansions in Australia. This upgrade signals strong momentum in the company’s AI-powered road safety enforcement business.

Shriro Holdings Limited has announced a $5 million off-market share buy-back at $0.81 per share, representing nearly 8% of its issued capital and approved by shareholders. The move returns excess capital following a strategic shift and may reshape the company’s growth trajectory.

Urbanise.com Limited has secured a landmark partnership with National Australia Bank to integrate banking services into its cloud-based strata management platform, marking a pivotal step in modernising an industry long reliant on legacy systems.

AVADA Group’s CEO Donald Montgomery outlined a year of operational consolidation and transformation at the 2025 AGM, reporting significant safety improvements and early signs of revenue growth in 2026 despite ongoing market challenges.

AVADA Group reported a 10.5% revenue decline in FY2025 amid operational consolidation and leadership changes, while conducting a strategic review of its New Zealand operations. Despite setbacks, the company remains cautiously optimistic about future growth.

BlueScope confirms its first-half FY2026 earnings guidance at the lower end of expectations, highlighting a mix of regional challenges and growth initiatives as it navigates cost pressures and market shifts.