by Warren Head | Apr 16, 2024 | Companies, Latest News
Automation and robotics manufacturer Scott Technology has increased group revenue by 11% to $141m, with margins maintained at 26%, in the six months to 29 February 2024 (H1 F24). Sales and service in Scott’s three core sectors delivered 85% (+8ps) of group revenue....
by Warren Head | Apr 16, 2024 | Companies, Latest News
Fletcher Building has appointed Haydn Wong as interim Group General Counsel and Company Secretary. Mr Wong joins Fletcher Building from law firm Bell Gully until a permanent Group General Counsel and Company Secretary is appointed. This follows the earlier...
by Warren Head | Apr 16, 2024 | Latest News, Property
16.4.24 A surge in new listings has helped to boost turnover in the housing market, but is putting downward pressure on prices, notes Westpac House sales* Monthly % change: -2.1% (Prev: +17.9%) Annual % change: +8.0% (Prev: +37.9%) House Price Index* Monthly % change:...
by Warren Head | Apr 10, 2024 | Economy, Latest News, Property
10.4.24 The decision by the Reserve Bank of New Zealand (RBNZ) today to leave the official cash rate (OCR) unchanged at 5.5% was no surprise, noted CoreLogic NZ Chief Property Economist, Kelvin Davidson “Given the incoming flow of economic data released since their...
by Warren Head | Apr 10, 2024 | Companies, Free, Latest News
The latest connections update from fibre network operator Chorus for 3Q24 to 31 March notes slower connection activity through January but fibre uptake has now reached 71%. Chorus also reports a general slow-down in greenfield growth “consistent with broader...
by Warren Head | Apr 10, 2024 | Latest News
10.4.24 8.34am TradeWindow (NZX: TWL), a global trade software company, today announced a strong finish to the financial year ending March 31. TradeWindow delivered trading revenue of $6.2 million (unaudited), the top end of a previously narrowed guidance range of...
