Latest Nzx News

New Zealand Rural Land Company posted a stable FY25 with $7.9 million net profit and raised FY26 AFFO guidance, shifting to quarterly dividends targeting 90-100% of AFFO amid a board refresh.

Argosy Property Limited reported a 3.3% rise in net property income to $120.8 million for FY26, underpinned by strong leasing, a $58.5 million revaluation gain, and progress towards a 50% green portfolio by 2031.

Napier Port reported a robust half-year performance with an 8.8% revenue rise to NZ$84.9 million and underlying net profit after tax up 21.5%, driven by container services growth and key infrastructure projects progressing on schedule.

Vista Group International has inked a six-year contract to transition Cinépolis Mexico, the world’s largest cinema circuit by attendance, to its Vista Cloud Operational Excellence platform starting in 2026.

AoFrio Limited has secured NZ$4.56 million through a share placement to existing investor Wairahi Investments, underpinning a bold strategy to boost revenue growth to 25% annually. A follow-up rights issue will allow current shareholders to participate at the same price.

Contact Energy's April 2026 report shows rising electricity and gas sales, improved margins, and lower generation costs, supported by strong hydro storage and ongoing renewable projects.

Kiwi Property Group reported FY26 results showing 4.3% rental income growth, a stronger balance sheet with gearing down to 37.4%, and a dividend increase, while progressing key asset sales and development projects.

Meridian Energy's April 2026 operating report highlights robust hydro inflows and retail sales growth while electricity futures prices continue to decline.

Pacific Edge launches a NZ$6 million retail share offer at NZ$0.17 per share following a NZ$25.4 million institutional placement, aiming to strengthen its balance sheet and support Medicare reimbursement efforts for its bladder cancer diagnostics.

Synlait Milk announces CEO Richard Wyeth's resignation effective end of June, with Acting CEO Leon Fung appointed immediately to steer through ongoing operational challenges.

Vista Group International is set to roll out its Digital Enablement platform across 88 Cineworld cinemas in the UK during 2026, building on last year’s deployment at 25 Picturehouse sites.

Sanford Limited delivered record half-year earnings despite a 5.5% revenue dip, driven by robust salmon and wildcatch segments, while mussel farming faced headwinds. The company cut net debt by NZ$63 million and declared a steady 5.0 cps dividend.