Sharemarket News

Me Today Limited (NZX: MEE) Me Today Renews and Expands Agreement with Green Cross Heal
25 Feb, 4:59pm
Me Today Limited (NZX: MEE) announced today that it has renewed and expanded its distribution relationship with Green Cross Health Limited (NZX: GXH) in New Zealand... More »

Cannasouth Limited (NZX: CBD) Preliminary Results for the Year Ended 31 December 2020
25 Feb, 2:57pm
The Group recorded a loss before tax of $3.5 million and operating revenue of $131,000 . The loss was attributable to the planned investment in establishing the Group as a key participant in the emerging medicinal cannabis market... More »

The Warehouse Group Limited (NZX: WHS) Trading Update
25 Feb, 2:51pm
The Warehouse Group has today updated its guidance for its half year result. Revised guidance is that H1 FY21 Adjusted NPAT will exceed $110m, compared to a figure of $46.2m in H1 FY20. The half year result is still subject to the finalisation of audit... More »

Seeka Limited (NZX: SEK) Announces 12 Cent Dividend
25 Feb, 2:47pm
Seeka Announces 12 cent Dividend. Record date is 5 March 2021. Payable on 30 March 2021. Seeka will announce its financial results for the year ended 31 December 2020 on Friday 26 February 2021... More »

Meridian Energy Limited (NZX: MEL) Standard & Poor's Outlook Revision
25 Feb, 2:40pm
Standard & Poor’s Global Ratings has revised its credit rating outlook for MEL to BBB+/Stable from BBB+/Negative. At the same time, Standard & Poor’s affirmed Meridian’s BBB+ long-term issuer credit rating and A2 short term issue... More »

NZ Windfarms Limited (NZX: NWF) Interim Report and Results Announcement H1 FY2021
25 Feb, 11:27am
NZ Windfarms Limited’s has met expectations for the half year and affirms guidance for the full year. Financial performance has been solid for the half year with EBITDAF of $3.2m (HY20 $5.0m) but down on the record set in the prior period... More »

Cavalier Corporation Limited (NZX: CAV) Preliminary FY21 Half Year Result
25 Feb, 11:20am
CAV has reported a strong year on year uplift in profitability as it benefits from higher woollen carpet sales, the sell down of its synthetic carpet stock as it exits the non-wool sector and the gain from the Auckland property sale and leaseback... More »

Restaurant Brands New Zealand Limited (NZX: RBD) Full Year Results Announcement
25 Feb, 11:12am
Combined store EBITDA (pre NZ IFRS 16) for the period was $147.3 million, up 27.0% on the previous 44 week period. On an equivalent 12 month basis, EBITDA was up over 7.5% or $10.3 million... More »

Precinct Properties New Zealand Limited (NZX: PCT) Quality Portfolio Delivers Strong First Half Result
25 Feb, 10:57am
Precinct expects its full year normalised results to be consistent with earlier guidance provided. Full year FY21 AFFO and Dividend remains at 6.50 cps, representing a 3.2% increase to shareholders... More »

Solution Dynamics Limited (NZX: SDL) 1H FY2021 Financial Results and Interim Dividend
25 Feb, 10:42am
Solution Dynamics Limited produced an unaudited net profit after tax of $1.45 million for the half year, a year-on-year increase of 209%. The Directors have declared an interim dividend of 7.0 cents per share (1H FY2020 3.0 cents), fully imputed... More »

Air New Zealand Limited (NZX: AIR) 2021 Interim Results
25 Feb, 10:35am
Air New Zealand has today announced a loss before other significant items and taxation of $185 million for the six-month period ended 31 December 2020, reflecting the considerable impact of the Covid-19 pandemic on the airline ... More »

Comvita Limited (NZX: CVT) Turnaround on Track at Comvita
25 Feb, 10:29am
Comvita maintained full year guidance of an EBITDA range of NZD $20-$23M in the period ending 30 June 2021. Comvita also reaffirmed its intention to resume dividend payments following delivery of its full year guidance... More »

Gentrack Group Limited (NZX: GTK) FY21 Outlook Update
25 Feb, 10:12am
The company expects to be net cashflow positive in FY21, building on the $16.8m of net cash reported at 30th September 2020. Profit and cashflow are expected to be weighted to H1 FY21 given the incremental R&D spend forecast for H2... More »

Genesis Energy Limited (NZX: GNE) FY21 Interim Results Announcement
25 Feb, 10:06am
Genesis delivers strong first half EBITDAF of $217 million. The Board has declared an interim dividend of 8.60 cents per share, an increase of 0.9% which has a record date of 18 March 2021 and will be paid on 1 April 2021... More »

Fonterra Shareholders' Fund (NZX: FSF) Fonterra Narrows 2021 Earnings Guidance
25 Feb, 9:59am
Fonterra Co-operative Group Limited today announced it has lifted the bottom end of its 2021 forecast earnings guidance and narrowed the range to 25-35 cents per share, from 20-35 cents per share... More »

Vital Healthcare Property Trust (NZX: VHP) Half Year Results and Increased Distribution Guidance
25 Feb, 9:53am
Vital's unitholders will receive a FY21 second quarter distribution of 2.1875 cents per unit (cpu) with 0.812974 cpu imputation credits attached. The record date is 11 March 2021 and payment will be made on 25 March 2021... More »

The a2 Milk Company Limited (NZX: ATM) 1H21 Results and Interim Report
25 Feb, 9:40am
A lower EBITDA margin range is now expected due to lower revenue, higher brand investment, longer daigou/reseller support, movements in foreign currency and adverse channel mix relative to what was anticipated in December... More »

Foley Wines Limited (NZX: FWL) Half Yearly Report to 31 December 2020
24 Feb, 3:26pm
Foley Wines Limited today announced a 5.8 % decrease in reported after tax profit of $2,566,000. New Zealand performed well notwithstanding the challenges of Covid-19 with case sales up 8 % to 92,000. The key December period in particular was a standout... More »

Delegat Group Limited (NZX: DGL) Interim Results to 31 Dec 2020
24 Feb, 12:47pm
The Group is on target to achieve global case sales for the full year of 3,391,000, up 3% on last year. Based on prevailing exchange rates, the Group forecasts a 2021 Operating Profit result of $67 million, up on last year’s performance by 10%... More »

Wellington Drive Technologies Limited (NZX: WDT) Earnings Upgrade
24 Feb, 12:29pm
The Company’s full-year 2021 revenue guidance was previously with a modest pre-tax loss. This guidance is now being raised to full-year revenue between US$40m and US$43m, EBITDA between NZ$2.5m and NZ$3.0m, and a modest net profit... More »