Net debt halved to NZ$27.4m as PBT swung NZ$11.3m to positive
Revenue fell 5.3% but the balance sheet restructuring done in FY25 transformed earnings; the question is whether second-half margins can hold.
Published 22 April 2026
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Showing 1-9 of 9 published briefings.
Revenue fell 5.3% but the balance sheet restructuring done in FY25 transformed earnings; the question is whether second-half margins can hold.
Published 22 April 2026
Read briefingHeadline NPAT loss narrowed, but H2 EBITDA turned negative and operating cash flow collapsed 89% while net debt rose $7.5m.
Published 22 April 2026
Read briefingCash conversion fell to 37% of EBITDA and net debt rose, raising questions about whether the balance sheet can hold through a weak second half.
Published 22 April 2026
Read briefingRevenue fell 9.2% and the NPAT loss widened to $27.5m, with H2 EBITDA turning negative even as operating cash flow tripled.
Published 21 April 2026
Read briefingUnderlying earnings and cash conversion improved on a weaker revenue base, but the impairment signals a darker read on the New Zealand...
Published 21 April 2026
Read briefingUndisclosed significant items and a NZ$11.1m H2 NPAT swing overwhelmed an Australian Glass Group turnaround, while operating cash flow more than...
Published 21 April 2026
Read briefingOperating profit rebuilt to $5.6m and Australia swung into the black, yet PBT was flat and leverage rose to roughly 3.9x half-year EBITDA.
Published 21 April 2026
Read briefingTop line held up, but NZ segment EBIT more than halved, operating cash flow fell 56%, and inventory days jumped by roughly 13 days.
Published 21 April 2026
Read briefingCovid restrictions and shipping disruption hollowed out profitability while capex more than tripled, leaving FCF a fraction of the prior half.
Published 21 April 2026
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