Latest from Companies

Property boss eyes 2027 sharemarket float and possible tilt at Parliament

Williams Corp's managing director builds a polarising online brand as IPO looms.

Chorus confirms guidance for record dividend as it returns to first-half profit

Bumper profit payout in the works - in sharp constrast to its old stablemate.

Fisher & Paykel Healthcare lifts profit guidance on hospital demand

The respiratory products maker lifted net profit guidance to a range of $450m to $470m.

Tourism Holdings profit revs up in strong half-year result

The company now forecasts full-year net profit of $43m to $47m, up 50%-65%.

Irish billionaire takes controlling stake in Whakatāne Mill amid $128m upgrade

Shareholders have injected almost $90m in equity and $64.8m in loans since 2021.

Genesis Energy plans $400m equity raise after record first-half profit

The Government will invest $198m to keep its 51% stake in Genesis Energy.

Air NZ result looms as airport tensions simmer

Big loss expected, but what should the country be looking for when Air NZ's result lands?

Luxury Italian furniture giant to open $3.5m flagship in Auckland design hub

Molteni&C is a leading Italian designer furniture brand founded over 90 years ago.

Stock Takes: So far, so good – reporting season brings steady gains, few major shocks

Freightways led the pack with half-year net profit rising 17.2% to $52.5 million.

IRD quietly consults on bank tax tweaks – is a bigger tax grab in the works?

The Herald obtains a copy of consultation Inland Revenue is doing with industry.

‘A relief’ – Spark earnings draw analyst upgrade, but also some chipped-down target prices

Analyst Arie Dekker now tips a lower 16cps dividend, down from his earlier forecast 17cps.

Daikin opens $30m Christchurch hub to recycle climate-damaging refrigerant

The 7861sq m site will recycle refrigerant from end-of-life heat pumps.

Elderly mum loses $720 in HouseSmile layby scam targeting vulnerable shoppers

Pensioner says smooth-talking cold caller promised her a lounge suite before Christmas.

How Auckland Airport plans to grow, upgrade and cut queues at the same time

Domestic jet passenger numbers are now at 93% of 2019 levels.

$3.2b windfall: Fonterra farmers back $2.00-a-share capital return

The $2.00 a share payout, totalling about $3.2b, is expected to be tax-free.

'A number of commercial buildings' – SkyCity eyes $200m asset sales

Underlying FY26 ebitda guidance is confirmed at $190m-$210m as dividends remain suspended.