Latest New Zealand News

Clover Corporation delivered a robust FY25 with strong second-half sales and operational milestones, positioning itself for continued growth in FY26 amid ongoing innovation and market expansion.

Zeotech Limited has signed a non-binding Letter of Intent with Bisley & Company to explore marketing and distribution of its high-reactivity metakaolin product, AusPozz™, across Australia and key international markets.

Megaport Limited has launched a Share Purchase Plan (SPP) targeting up to A$20 million, following a successful A$200 million institutional placement. Eligible shareholders in Australia and New Zealand can acquire shares at a discount, supporting the company’s recent acquisition and expansion plans.

James Hardie Industries has appointed Nigel Stein as the new Chair of its Board and established an Integration and Performance Committee to oversee the AZEK acquisition integration and enhance shareholder engagement.

James Hardie Industries reports a 34% jump in Q2 FY26 net sales driven by the AZEK acquisition and European growth, while grappling with margin pressures and integration costs.

Alcoa Corporation has updated its dividend announcement to clarify currency exchange rates and payment options for its upcoming quarterly dividend, ensuring shareholders understand their payment choices and tax obligations.

Santana Minerals has expanded the high-grade gold footprint at its Rise and Shine deposit, delivering strong drill results featuring visible coarse gold that reinforce the deposit’s underground mining potential.

Bank of Queensland has updated its dividend details, confirming a fully franked 20-cent payout for the half-year ending August 2025, alongside a refined Dividend Reinvestment Plan price and currency options for shareholders.

Shriro Holdings reported a 13.6% revenue decline in FY25 amid a strategic shift in its BBQ segment but delivered a 5.5% rise in EBITDA. The company plans a $20 million share buy-back in FY26, signaling confidence in its operational turnaround.

Terragen Holdings has secured a major purchase order from Mort & Co Fertilisers for its Great Land Plus® bio-stimulant, projecting a significant sales boost in 2026. This deal underscores growing demand for sustainable agricultural solutions.

Alcidion Group has expanded its contract with Leidos Australia, adding $12.3 million in value and increasing annual recurring revenue by $2.5 million through to 2028.

FleetPartners Group reported resilient FY25 results with core income growth and strong cash generation, completing a $25 million buy-back and declaring an unfranked dividend. The group’s strategic acquisition and cost-saving initiatives set the stage for growth in FY26.