Goodman Fielder, the biggest food company in Australia and New Zealand, has returned to annual profit after two years of restructuring aimed at streamlining its range of brands, exiting unprofitable businesses and paying down debt. Net profit was A$102 million in the year ended June 30, from a loss of $146.9 million a year earlier, the Sydney-based company said in …
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Goodman Property expects to boost payments to unit holders in 2014, signals further investments
Goodman Property Trust, the largest property investor by market value on the NZX, expects to increase payments to unitholders by as much as 2.3 percent in 2014, and signalled further investments are likely. Pretax distributable earnings for 2014, a measure favoured by property investors as it strips out unrealised movements in property values, are expected to be between 8.2 cents …
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