Mixed trading by KMD Brands

KMD Brand updated the market on trading performance for FY26 and progress against the Next Level strategy. Group sales in FY26 expected to be in the range of $1,040m to $1,044m (up +5% at midpoint on FY25). Direct-to-consumer same store sales (including online) year...

Santana’s Kim Bunting retires from board

21.7.26 Santana Minerals Ltd advised the retirement of Kim Bunting as a Non-Executive Director of the Company and its subsidiaries effective today. He has been a long-term Director of Santana and its wholly owned subsidiary, Matakanui Gold Ltd (NZ) for many years and...

CPI pushes up inflation rate

21.7.26 Consumer prices rose 1.5% in the June quarter, taking the annual inflation rate rise to 4.1%. The result was in line with Westpac’s forecast but slightly above the RBNZ's July assumption for 3.9% annual inflation. “However, much of that surprise is likely...

Surprise funding for Golden Bay Cement

20.7.26 The Government has made a dramatic move to ensure domestic supply of cement by granting Golden Bay Cement up to $60m to support the continued operation of the Fletcher Building subsidiary’s Northland operations. The move is described as “a specific, one-time...

Skellerup upgrades earnings guidance

14.6.27 Buoyed by higher demand, Skellerup has increased its forecast full year FY26 net profit after tax (NPAT) to a range of $64 to $65 million. This compares to earlier guidance of $57 to $62 million and FY25 NPAT of $54.5 million. CEO Graham Leaming said. “Sales...

Rua signs major export deal in UK

Rua Bioscience has announced a major sales and distribution agreement with one of the UK’s largest medicinal cannabis clinic and distribution businesses. The agreement is expected to generate revenue of more than NZ$10 million over the initial two-year term. It marks...