Articles by Jamie Gray, NZ Herald
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Business
ANZ NZ posts $2.2 billion cash profit; net profit falls 7 percent
Monday, 13 November 2023, 11:00amANZ New Zealand, the country’s biggest bank, said its net profit including gains and losses from economic hedges fell by...
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Business
a2 Milk's exclusive deal with Synlait cancelled
Monday, 18 September 2023, 2:00pmA2 Milk has cancelled the exclusive manufacturing supply arrangement it has with infant formula maker Synlait Milk, because...
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Audio
Fonterra cuts milk price forecast for second time in a month
Friday, 18 August 2023, 12:36pmFonterra has, for the second time this month, cut its milk price forecast due to weak Global Dairy Trade (GDT) auction prices. The...
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Business
Comvita sees earnings boost for Singapore purchase
Tuesday, 4 July 2023, 1:20pmShares in mānuka honey exporter Comvita rallied after the company said it Acquired specialist honey retailer HoneyWorld Singapore...
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Business
Synlait puts Dairyworks, Talbot up for sale to pay down debt
Friday, 2 June 2023, 2:43pmDairy and infant formula maker Synlait Milk said it planned to sell its Dairyworks and Talbot Forest Cheese businesses to...
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Business
TradeWindow’s annual loss narrows while revenue jumps
Tuesday, 30 May 2023, 2:02pmSoftware specialist TradeWindow said its operating revenue jumped in the March year while its net loss narrowed. Earnings...
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Business
Turners reports record profit, says high interest rates will bite
Tuesday, 23 May 2023, 10:49amA diversified Turners Automotive reported record earnings for the March year but said the impact of higher interest rates...
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Business
ANZ defends billion-dollar-plus first half profit
Friday, 5 May 2023, 10:36amANZ Bank New Zealand – the country’s biggest bank – said its cash profit rose by 1 per cent in the six months to March to...
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Business
Synlait in trading halt, says may revise earnings guidance
Friday, 21 April 2023, 10:22amNZ RegCo, the regulatory wing of the NZ Stock Exchange, says it has placed Synlait Milk in a trading halt for its quoted...
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Business
NZ King Salmon back in black after big loss
Wednesday, 29 March 2023, 9:44amA sharp turnaround in the second half allowed NZ King Salmon Investments (NZKS) to eke out an annual $1.9 million net profit...
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Business
Genesis completes biomass trial for Huntly
Wednesday, 22 February 2023, 2:15pmGenesis Energy says it has successfully completed a biomass burn trial as it looks at alternative fuel options for its coal...
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Business
Tower cuts earnings, dividend forecast after Auckland floods, Cyclone Gabrielle
Friday, 17 February 2023, 10:18amTower has revised down its annual earnings and dividend forecasts after the Auckland and Upper North Island storm, and Cyclone...
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Business
Vulcan first half steady, choppy second half expected
Tuesday, 14 February 2023, 10:37amVulcan Steel has reported a steady first-half net profit of $54m, with trading from the newly acquired Ullrich Aluminium...
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Business
Fonterra, Nestle join forces on zero carbon dairy farm project
Wednesday, 30 November 2022, 2:11pmFonterra and Swiss food giant Nestle have formed a partnership to develop New Zealand’s first zero carbon emissions dairy...
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Business
A2 Milk sees low double-digit growth in 2023, earnings in line
Friday, 18 November 2022, 2:37pmA2 Milk said it expects its earnings to be remain “broadly in line with plan” and that recently-approved exports of infant...
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Business
Grocery shoppers boosted The Warehouse sales to record in Q1
Friday, 11 November 2022, 1:48pmGrocery and homeware shoppers propelled The Warehouse’s store sales to a record $414.6 million in the first quarter, up 39.0...
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Business
a2 Milk surges after USA opens doors to infant formula sales
Thursday, 3 November 2022, 11:37amThe US Food and Drug Administration (FDA) will allow the sale of a2 Milk infant formula in the US. A2 Milk's share price...
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National
Severe marine heatwave looming: The alarming trends for NZ's marine life
Thursday, 13 October 2022, 11:34amOur blue backyard is being squeezed more than ever, a major new stocktake shows, as another severe marine heatwave looms...
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Business
NZ King Salmon sinks to $24.5m loss as warmer weather kills fish, reduces biomass
Wednesday, 28 September 2022, 12:30pmFish deaths caused by warmer water drove NZ King Salmon to a $24.5million loss in the first half to July 31, the company...
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Business
NZ economy is 'not rolling over': ANZ sees OCR peak of 4.75%
Saturday, 17 September 2022, 3:24pmANZ has made big changes to its interest rate outlook, saying the Reserve Bank's official cash rate (OCR) may need to hit...
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Business
Transpower says there's enough power for cold snap
Tuesday, 6 September 2022, 2:14pmNational grid operator Transpower says there is enough power to see New Zealand through the current cold snap. While the...
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Business
A2 Milk profit up 42pc, to return $150m
Monday, 29 August 2022, 9:32amA2 Milk said its annual net profit jumped by 42 per cent to $114.7 million, driven by strong growth in its infant formula...
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Business
F&P Healthcare expects sharp first half profit fall, shares plummet
Friday, 19 August 2022, 2:56pmFisher & Paykel Healthcare's share price dropped after the company said its profit for the first half to September would...
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Business
NZ Electricity Authority clamps down on big power deals
Thursday, 18 August 2022, 2:37pmThe Electricity Authority (EA) has changed market rules to ensure that consumers are not affected by very large power contracts...
