28.8.26 Hallenstein Glasson advised NZX today that group sales for the 12 months ended 1 August 2026 were $563.0 million, an increase of +19.6% on the prior year ($470.7 million). The directors noted the result has benefitted from a stronger Australian Dollar and on a constant currency basis, sales were up +15.6% on the prior year. Group net profit before tax is expected to be within the range of $83.0 million to $84.5 million (prior year $58.4 million), an increase of approximately +43.5%....

  Equity markets in various jurisdictions, including New Zealand where the NZX50 shed 133.10 points to close this evening at 13,880.05, having set a new record the day prior. In Australia the ASX All Ords index fell 95.80 at 9423.20. In the United States all key indices declined, the Dow Jones dropping 113.52 at 53,483.89, the S&P 500 off 1.58 at 7675.70 and Nasdaq down 21.10 to 26,130.w20. There were 33 gainers on NZX, the best being Summerset Group which advanced 71c to $8.58, +9%,...

27.8.26 Precinct Properties has had a record FY26 year of leasing volume with transactions completed across 37,850 m² of investment properties The company has achieved 9.9% growth on new office leases. Rent reviews delivered an average uplift of 3.3% across 156,090 square metres or more than 60% of the investment portfolio. Portfolio occupancy remained high at 97%, with weighted average lease term increased to 7.1 years (FY25: 6.0 years). Precinct Properties FY26 results reflected negative...

25.6.26 Tourism Holdings has reported statutory net profit after tax (NPAT) from continuing operations of $39.9 million for FY26, compared with a statutory net loss from continuing operations of $14.1 million in FY25. The company also reported a 34% increase in underlying NPAT from continuing operations to $46.1 million. The FY26 11% increase in sale of services revenue (primarily rentals) to $517.5 million, was driven by fleet growth and improved RevPARV Total revenue was down 5% to $852.9...

25.8.26 Scott Technology has confirmed a significant performance milestone for its Rocklabs Automated Modular Solution (AMS) crusher cell technology. The system has been achieving 25 samples per hour during site acceptance testing, more than 30% above its original throughput requirement of 19 samples per hour. The result was achieved as part of a major contract for one of the world’s largest testing, inspection and certification providers, validating the AMS and positioning Scott to expand...

25.8.26 NZME has delivered a stronger first half despite economic conditions remaining tougher than expected at the beginning of the year. Operating Revenue and other income of $167.0 million, up from $165.7 million, and Operating EBITDA of $26.5 million, up 11% Statutory net profit after tax was $6.6 million, compared with a statutory net loss after tax of $0.4 million, while net debt reduced by $13.9 million to $19.4 million. Michael Boggs, NZME Chief Executive Officer, says “Our core...

The equity market collected nothing by way of a bonus uplift from the All Blacks’ stunning win over the Springboks at the weekend and instead decided to prune some stocks after recent strong gains. The NZX50 fell 90.78 at 13,881.88. In Australia the ASX All Ords gained 47 at 9316.70. There were 65 gains to 73 falls. One of the gainers Fisher & Paykel Healthcare , a growth stock that released a trading update last Friday was propelled 70c higher to $44.22 – a new record for the export...

Property for Industry reported a FY26 profit after tax of $77.7m (15.47 cps), down from $106.0m (21.11 cps) in FY25. The result included a $16.1m fair value gain on investment properties, as compared to a $70.7m fair value gain in FY25. FY26 net rental income increased $15.2m or 14.1% on FY25 to $123.2m This was driven by leasing activity (+$9.4m), the early lease surrender payment at 92–98 Harris Road, East Tamaki (+$3.6m), development projects completing in the prior period (+$1.6m), and...