Company archive
Read that company's published results in release order, newest first.
Showing 1-10 of 10 published briefings.
A tax tailwind lifts headline NPAT to +55.1%, but a $29.6m inventory drawdown is doing much of the cash work.
Published 23 April 2026
Read briefingThe 306.7% NPAT rebound reflects the absence of a prior-year below-the-line loss while profit from ordinary activities was unchanged.
Published 23 April 2026
Read briefingRevenue grew 2.6% but PBT margin fell to 2.2%, with gross borrowings up 40.6% and the dividend payout reaching an unprecedented 70.8%.
Published 23 April 2026
Read briefingRevenue rose 1.6% to $1,012.9m but a $44.2m inventory build lifted net debt to $171.2m and left dividends at 251.8% of a depressed NPAT.
Published 23 April 2026
Read briefingDemand deferral and inventory carrying costs in a high-rate environment compressed margins while total assets swelled to NZ$625.5m.
Published 23 April 2026
Read briefingRevenue slipped 0.6% but a $69.0m inventory build swung operating cash to -$10.2m and pushed gross borrowings up 60.4%.
Published 23 April 2026
Read briefingMargins held at the upper edge of their historical range, yet a NZ$27.8m inventory build pushed operating cash outflow to NZ$50.7m and lifted
Published 23 April 2026
Read briefingOperating cash flow jumped to $67.3m as inventories unwound by $26.4m, masking a softer second-half earnings profile.
Published 23 April 2026
Read briefingUnprecedented revenue and margin strength was offset by working-capital absorption that pushed operating cash flow to -NZ$1.5m.
Published 23 April 2026
Read briefingFY21 full-year dividend of 55cps sat at 72.4% of NPAT but 392.0% of pre-lease FCF as gross borrowings rose 45.6% to NZ$103.2m.
Published 22 April 2026
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