Sharemarket News

Tower Limited (NZX: TWR) Tower Insurance Updates Guidance
17 May, 4:51pm
The company now expects underlying net profit after tax of $25 million to $27 million for the year ended 30 September 2021. The previously announced guidance was for underlying NPAT of greater than $29.8 million... More »

SkyCity Entertainment Group Limited (NZX: SKC) Fixed Rate Bond Offer Interest Rate Set
17 May, 4:35pm
The interest rate for the bonds has been set at 3.02% per annum. This reflects an issue margin of 1.60% per annum over the underlying swap rate. The bonds are expected to be quoted on the NZX Debt Market under the ticker code SKC050... More »

Precinct Properties New Zealand Limited (NZX: PCT) Launches Retail Green Bond Offer
17 May, 8:48am
PCT has announced an offer of up to NZ$100,000,000 (with the ability to accept up to an additional NZ$50,000,000 at Precinct’s discretion) of secured, unsubordinated, fixed rate six year green bonds to institutional investors and NZ retail investors... More »

Trustpower Limited (NZX: TPW) 31 March 2021 Financial Results & Annual Report
17 May, 8:42am
TPW announced its financial results, seeing off the challenges of 2020 to deliver a seven percent increase in EBITDAF. The Board has approved a fully imputed dividend of 17.0 cents per share, as well as a one-off special dividend of 1.5 cents per share... More »

The Warehouse Group Limited (NZX: WHS) Third Quarter Sales Update
14 May, 8:36am
As a result of the strength of trading through to the end of Q3, and the expectation that Q4 FY21 Group sales will be similar to Q3 FY21, adjusted NPAT for the full year is expected to exceed $160 million... More »

What They're Not Telling You About the Colonial Pipeline Cyberattack
13 May, 2:12pm
No matter how you feel about controversial topics like hydraulic fracturing, horizontal drilling, or the extensive 2.6 million miles of oil and natural gas pipeline network... More »

Goodman Property Trust (NZX: GMT) Delivers Profit of $648.9 Million Before Tax
13 May, 9:00am
Statutory profit of $648.9 million before tax (including significant investment property valuation gains of $560.0 million), up 128.2% on FY20. GMT has demonstrated its resilience, continuing to focus on the Auckland urban logistics market... More »

Tilt Renewables Limited (NZX: TLT) Results for the Financial Year Ended 31 March 2021
13 May, 8:51am
Ramp up of Dundonnell is budgeted to continue through the first half, resulting in an Australian EBITDAF of A$58 to 66 million. The NZ EBITDAF guidance, incorporating a full 12 month contribution from Waipipi, is expected to be A$46 to 48 million... More »

Rua Bioscience Limited (NZX: RUA) Rua Concludes Medbloom Agreement, Develops New Opportunity
12 May, 2:15pm
A commercial agreement between Rua Bioscience and Medbloom Limited to supply raw biomass has been concluded by mutual understanding. Rua is now focused on progressing existing discussions with alternative grower partners... More »

Vital Healthcare Property Trust (NZX: VHP) Vital Announces Third Quarter Results
12 May, 2:09pm
Vital recorded an 11.7% increase in net property income for the three months ended 31 March 2021 (Q3FY21) and a 9.6% increase financial year to date from the prior corresponding periods reflecting acquisitions, developments and rental growth... More »

Heartland Group Holdings Limited (NZX: HGH) Heartland Drops Home Loan Rates to New Lows
12 May, 1:43pm
Heartland drops home loan rates to new lows: 1.85% p.a. 1-year fixed, 1.95% p.a. floating. This announcement comes shortly after Heartland broadened its mortgage offering with New Zealand’s lowest revolving credit facility rate... More »

Pushpay Holdings Limited (NZX: PPH) 2021 Annual Results Announcement
12 May, 10:42am
Over the financial year ended 31 March 2021, Pushpay upgraded EBITDAF guidance several times. We are pleased to have delivered on guidance with EBITDAF of US$58.9 million for the 2021 financial year... More »

ArborGen Holdings Limited (NZX: ARB) Advises Uplift in FY21 Guidance
10 May, 2:44pm
ArborGen Holdings Limited has advised of an uplift in the Company’s earnings guidance. The Company now expects US GAAP EBITDA1 to be in the US$11-11.5 million range for the fiscal year ending March 2021 (FY2021)... More »

Precinct Properties New Zealand Limited (NZX: PCT) Considers Retail Green Bond Offer
10 May, 2:08pm
Precinct Properties New Zealand Limited is considering making an offer of secured, unsubordinated, fixed rate six year green bonds to institutional investors and New Zealand retail investors... More »

Heartland Group Holdings Limited (NZX: HGH) Guidance Update
10 May, 9:53am
Heartland has achieved a net profit after tax (NPAT) of $21.0 million for the three months ended 31 March 2021 (3Q2021), bringing YTD NPAT to $65.1 million (or $64.3 million on an underlying basis)... More »

Geneva Finance Limited (NZX: GFL) Announces March 21 Final Dividend
10 May, 9:43am
The board has resolved to declare a final dividend of 2.50 cents per share. The dividend will be payable on 10 June 2021. The ex-dividend date will be 1 June 2021... More »

The a2 Milk Company Limited (NZX: ATM) Trading Update and Revised FY21 Outlook
10 May, 9:33am
Despite these short-term setbacks, the Company remains confident in the long-term opportunity that the infant nutrition market in China represents, and is determined to build on the strong position which the Company has built within this market... More »

Briscoe Group Limited (NZX: BGP) 1st Quarter Sales to 2 May 2021
7 May, 11:55am
The directors of Briscoe Group Limited announce that unaudited sales for the first trading quarter ended 2 May 2021 (91 days) were $173.1 million, being 78.42% higher than the $97.0 million achieved for the same quarter of last year... More »

Fonterra Shareholders Fund (NZX: FSF) Fonterra Starts Consultation on Capital Structure Options
6 May, 4:28pm
Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility... More »

Australia and New Zealand Banking Group Limited (NZX: ANZ) 2021 Half Year Results
5 May, 12:05pm
ANZ today announced a Statutory Profit after tax for the Half Year ended 31 March 2021 of $2,943 million, up 45% on the previous half with key drivers including a net credit provision release of $491 million... More »