Latest Nzx News

Promisia Healthcare’s portfolio value jumps 17.1% to $107.2 million, driven by improved occupancy and operational efficiencies across all sites.

Bremworth Limited and Floorscape Limited have pushed back the deadline for their acquisition scheme to 7 August 2026 after the New Zealand Commerce Commission extended its decision date to 29 May. The deal remains contingent on regulatory approval and shareholder consent.

Locate Technologies reveals phased deployment plan for its Locate2u platform under a new three-year FedEx Australia contract, highlighting strategic potential despite uncertain financial impact.

Accordant Group has confirmed it has met the minimum NZD 5 million target for its rights offer, with the S.A. Hull Family Trust No. 2 stepping in to cover any shortfall. The offer is set to close on 13 May 2026, with final results due two days earlier.

Me Today has raised its full-year revenue forecast to over NZD 7.4 million, driven by strong domestic sales and a new exclusive distribution deal in Southeast Asia. The nutritional supplements company also expects a 25% reduction in EBITDA loss, reflecting tighter cost control amid ongoing product innovation.

Santana Minerals has won New Zealand government approval to buy 3,680 hectares critical to its Bendigo-Ophir gold mine, paving the way for a NZ$500 million investment and 350 jobs.

Comvita has secured the minimum NZ$25 million capital raise required to activate its refinancing plan, driven by strong shareholder participation and Fraser and Neave’s near 20% stake. The Rights Offer closes today, setting the stage for debt repayment and financial restructuring.

Locate Technologies has landed a three-year contract with FedEx Australia to deploy its AI-driven Locate2u platform, marking a significant commercial win for the New Zealand logistics tech firm.

Channel Infrastructure NZ Limited has accelerated key project completions and expanded contract scope, prompting a raised EBITDA forecast for FY2026 amid an uncertain fuel demand outlook.

Gentrack Group trims its FY26 revenue outlook amid strategic investments and signals a $20 million on-market share buyback post-H1 results.

Synlait Milk has obtained waivers from its syndicated banks on key financial covenants for the quarter ending April 2026, reflecting ongoing operational and market challenges.

The Smart US 500 ETF reported a near-billion-dollar fund size with a 5-year average annual return of 14.14% after fees and tax, maintaining a high-risk profile and low management fees of 0.34%.