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Revenue stories - Page 17

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UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition
Wed, 18th Feb 2015
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nz
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iag
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fy
Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.
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Tui writedown turns NZOG to a first-half loss
Wed, 18th Feb 2015
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sales
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oil and gas
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shares
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.
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Colonial Motor Co's 1H result steady despite increased new vehicle sales
Tue, 17th Feb 2015
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shares
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colonial motor co
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revenue
Colonial Motor Co nets a modest profit rise to £12.9m, grappling with fierce competition offsetting surging new car sales.
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Property For Industry expects to pay more of its earnings in dividends in 2015
Tue, 17th Feb 2015
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investment
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fy
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property for industry
Property For Industry, New Zealand's only listed company specialising in industrial property, expects to pay more of its earnings in dividends in t.
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NZX posts 8.3% gain in full-year profit on securities data, listing fees, funds
Tue, 17th Feb 2015
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shares
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superlife
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nzx
NZX, which made its biggest-ever acquisition by buying funds manager SuperLife in 2014, posted annual profit growth of 8.3%.
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ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm
Tue, 17th Feb 2015
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sales
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asx
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nz
Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.
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MARKET CLOSE: NZ shares fall; Contact drops 9% on offshore plans; Genesis declines
Mon, 16th Feb 2015
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power / energy
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fleet management
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eroad
NZ shares dip as Contact Energy's revealed offshore ambitions and a stagnant dividend weigh on the market. Genesis and Meridian also slide.
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Michael Hill shares jump 7% after 1H profit rises 46%
Fri, 13th Feb 2015
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nz
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canada
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investment
Michael Hill International shares jumped as much as 7 percent after the jewellery chain posted a 46 percent rise in first-half profit.
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APN sits tight on NZME sales, as it waits to see benefit of restructure
Thu, 12th Feb 2015
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apn media
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new zealand herald
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ipo
APN News and Media, the Australian publisher of The New Zealand Herald newspaper, has put off the public share float for its newly consolidated kiw.
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SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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skycity
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spending
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shares
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
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Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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new zealand dollar
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investment
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skycity
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
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Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading
Wed, 11th Feb 2015
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airwork
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guidance
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shares
Airwork Holdings, the listed aviation business, still expects annual earnings to climb 48 percent this financial year even as a slowdown in helicop.
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Millennium & Copthorne lifts annual profit 11%, on the back of CDL gains
Tue, 10th Feb 2015
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stock market
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tourism
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shares
Millennium & Copthorne Hotels New Zealand, one of New Zealand's largest hotel operators, has lifted annual profit 11 percent and its dividend after.
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Enprise buys Global Bizpro for $750,000
Mon, 9th Feb 2015
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nzax
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enprise group
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datagate innovation
Enprise Group has bought MYOB EXO practice Global Bizpro for up to $750,000 including earnouts, in the accounting software reseller first acquisiti.
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Cisco NZ sales creep up in 2014, sees gains on growing IT reliance
Thu, 5th Feb 2015
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cisco
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nz
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cloud services
Cisco's broad suite of products meant it was well placed to meet rising demand from a growing reliance on web based services.
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JB Hi-Fi's NZ first-half sales, earnings fall in 'very competitive' market
Tue, 3rd Feb 2015
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nz
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jb hi-fi
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sales
JB Hi-Fi's New Zealand sales and earnings fell in the first half of the financial year in what the Australian discount consumer electronics chain s.
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Local Government NZ suggests new taxes, central govt support could bridge spending gap
Mon, 2nd Feb 2015
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partner programmes
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world bank
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local government
New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.
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Woosh annual sales fall on dwindling customer numbers, parent accounts show
Wed, 31st Dec 2014
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4g technology
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woosh wireless
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management
Woosh Wireless, the local internet service provider, reported a 14 percent drop in annual sales as it shed customers, while clamping down on costs.
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Qantas squeezes more revenue on trans-Tasman route in busier market
Mon, 29th Dec 2014
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air new zealand
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shares
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nz
Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows.
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Wellington selects 3 potential bidders for multi-million-dollar rail contract
Mon, 29th Dec 2014
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wellington regional council
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kiwirail
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revenue
Greater Wellington Regional Council has for the first time short listed three potential bidders to operate and maintain its rail services for a ter.