Yovich & Co. Market Update - 26 February 2018
Feb 26, 2018 | Commentary
This Week's Announcements
NZX profit for the year up 61.6% at $14.8m.
Heartland Bank profit for December half year up 7% at $31.1m.
EBOS tax paid profit for December half year up 7.8% at $76.7m. Interim dividend increased to 33c.
Meridian Energy tax paid profit for half year down 13% at $109m.
A2 Milk half year tax paid profit is up 150% at $98.4m on increase in market share in Australia and China and is entering new supply deal with Fonterra.
Spark NZ profit to December half year is down 3.4% at $172m. The dividend of 12.5c payable 6 April will include 1.5c special dividend.
Fletcher Building operating loss for December half year is $322m and expects the full year loss to be $660m.
Tourism Holdings tax paid profit for December half year is up 102% at $22.8m. Interim dividend increased from 10c to 13c.
Air NZ tax paid profit for December half year is down 9.37% at $232m. It is paying an 11 cent interim dividend which is its highest ever.
Port of Tauranga tax paid profit for December half year up 12.6% at $41.1m.
Summerset tax paid profit for December year is up 53.6% at $223.4m. Final dividend increased from 5.1c to 7.1c.
Team talk tax paid profit for December half year is $2.174m compared with $1.349m last year. Debt has reduced by $1.71m (7.8%).
Comvita half year profit is $3.7m compared with $7.1m loss last year. Interim dividend increased from 2c to 4c.
Seeka tax paid profit for December year is down 44% at $5.83m. Final dividend increased from 10c to 12c.
Steel & Tube first half year profit was down 64% at 3.8m due to write down of value of inventory and cost of restructuring business.
SLI Systems profit for December half year $1.136m compared with $1.4m loss last year.
Delegat's tax paid profit for December half year up 9% at $26.9m.
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