Recent Posts

Bob Ingham delivers golden egg in final year of NZ poultry production

Bob Ingham, former owner of Australia’s biggest poultry producer Inghams Enterprises, achieved a record profit from his New Zealand operations in 2013, the final year before private equity firm TPG acquired the Australasian business. Inghams Enterprises (NZ) lifted net profit by 19 percent to $27.2 million in the 12 months ended June 30, according to the annual report filed with …

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Michael Hill 1H earnings in line with guidance; invests in US bridal trial

Michael Hill International, the jewellery chain that bears the name of its founder, posted first-half earnings that met its guidance of last month after lifting sales while investing in a trial of bridal products at its North American outlets. Earnings before interest and tax was A$29.7 million in the six months ended Dec. 31, from A$28.6 million a year earlier, …

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Heartland stock halted pending announcement

eartland New Zealand, whose shares reached a post-listing high this week, was halted from trading pending an announcement to the stock exchange. The stock jumped to 92 cents on Wednesday, closing at 89 cents yesterday. In the past 12 months the shares have gained 23 percent, compared to the NZX 50 Index rise of 15 percent in the same period. …

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