Latest from2014 Financial Results
Westpac earnings up on home loans, services
Westpac NZ has reported a 13 per cent rise in annual cash earnings to $864m helped by a rise in lending and improving bad debts.
APN on track to announce IPO of NZME. in coming weeks
APN is still considering floating its NZ media unit with a board appointment announcement this afternoon expected to show the Australian parent isn't considering a trade sale.
$1m loss for Southern Cross
New Zealand's biggest medical and health insurer has posted a $1.1 million annual loss after a record $694.5 million in claims.
Warehouse profit drops 18pc
NZ's largest listed retailer, The Warehouse, expects earnings to rise this financial year following an 18 percent drop in 2014.
APN may sell 60pc of NZ unit
The publisher of the NZ Herald plans to sell 60pc of its New Zealand business, generating gross proceeds of A$309m.
APN unveils IPO, NZX float plan
The publisher of the New Zealand Herald, has announced it is considering an initial public offer and sharemarket float for its New Zealand business.
TVNZ lifts annual profit 25pc
State-owned broadcaster Television New Zealand lifted annual profit 25 per cent, ahead of forecast and despite a dip in advertising revenue.
NZ Post annual profit falls 12pc
New Zealand Post reported a 12pc fall in annual profit as shrinking mail volumes were offset by gains in its Kiwibank and parcel businesses.
Qantas' shock $3.17 billion loss
Struggling Australian flag carrier Qantas has posted a huge annual net loss but CEO Alan Joyce insists better days lie ahead.
Metlifecare tipped as value buying
Listed retirement giant Metlifecare is tipped to be trading cheaply, well below its peers even after a good financial result out yesterday.
Metlifecare profit up 18pc
Listed retirement giant Metlifecare pushed up annual net profit after tax 18 per cent to $68.8 million after removing non-recurring items.
More subscribers fuel Sky TV profits
NZ's dominant pay-TV company posted a better than expected 21pc gain in profit as it boosted revenue from more subscribers.