Ryman updates on Victoria

Ryman Healthcare updated shareholders on the impact of the Victorian Government’s latest restrictions to prevent the spread of COVID-19. Ryman's two operational villages, Weary Dunlop and Nellie Melba, have been in lockdown for the past four weeks with visiting...

MARKETWEEK: A peculiar phase for the market

Warren Head   We are now in a peculiar phase of the pandemic war/collateral damage conundrum where investment markets are ‘socially distancing” from pessimistic economic forecasters NZ economic data has been favourably reflecting the bounce out of Level 4 but the...

Trading update from Smartpay

Briscoe Group has enjoyed  a fairly stunning bounce-back from the lockdown period with  unaudited sales for the thirteen-week (91 days) second quarter to 26 July 2020 increased 28.24% to $195.4 million from the $152.3m achieved for 1Q20. The Group’s homeware segment...

Earnings mix altered by COVID impacts

Scales Corporation reported that all of the group’s business units continued to operate successfully, within the protocols established, for the first six months of the year. However, while operations within New Zealand have been able to operate effectively, sales...

Property underpins M & C

The hotelier and property group Millennium & Copthorne has made an unaudited profit before tax and non-controlling interests of $26.26m for the six month period ended 30 June 2020 (2019: $41m). The main contributor to these results were sales of residential...