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Midday Report for Thursday 27 February 2020
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Midday Rural News for 27 February 2020
12:35 PM.Fonterra says it remains confident about its forecast farmgate milk price, despite the impact of the coronavirus outbreak. Audio
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Business briefs
12:26 PM.The economy has posted a trade deficit in January, along with a strong increase in the value of exports to China. Audio
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Midday Sports News for 27 February 2020
12:26 PM.The New Zealand men's pursuit team are into tomorrow's gold medal ride at the Track Cycling World Champs in Berlin after an impressive effort in qualifying. Audio
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Other companies reporting their earnings today
12:23 PM.The cinema sofware company, Vista Group, says full year revenue growth has exceeded its expectations. Audio
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NZ King Salmon has strong first half on record prices
12:22 PM.New Zealand King Salmon has reported a strong lift in half year profit despite a drop in sales volumes. Audio
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Comvita to turn around "slow to react" business model
12:21 PM.The honey producer and exporter Comvita has upped its revenue, but made an overall loss of 13-million dollars in the six months to December, partly due to a writedown because of the Australian… Read more Audio
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Refining NZ's profit slumps
12:20 PM.Refining New Zealand's profits have slumped amid low margins, increased competition, and global trade issues. Audio
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A2Milk delivers strong first half
12:19 PM.A2 Milk's half year profit has surged 21 percent to just under 185-million dollars on increased sales and better margins. Audio
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Air NZ profit falls with demand, as Covid-19 takes its toll
12:17 PM.Air New Zealand says it's not satisfied with its earnings, after a 33-percent drop in its half year profit. Audio
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Midday News for 27 February 2020
12:00 PM.A damming report is released on the state of the Hauraki Gulf. Cheaper fuel could be a step closer. Audio