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Fern Farms

Silver Fern Farms to repay bonds early

Wellington, Sept 29 NZPA - Silver Fern Farms says it will repay five-year bonds which mature on December 15, 2010 a month early.

FarmIQ Systems Limited directors appointed

Wellington, Sept 22 NZPA - New red meat industry entity FarmIQ Systems Limited today announced the appointment of six directors.

Silver Fern Farms closes British facility

Wellington, July 30 NZPA - Silver Fern Farms is closing a plant in Britain that processed and packed frozen products from this country, amid a continuing decline in frozen exports.

Currency Volatility Hurts Silver Fern Farms

Wellington, Oct 23 NZPA - Farmer meat processing cooperative Silver Fern Farms was hurt by the impact of currency volatility on high prices and strong demand in export markets in the past year.

Silver Fern Farms Full Year Net Profit Up 16 Percent

Wellington, Oct 23 NZPA - Meat cooperative Silver Fern Farms reported a 16 percent rise in full year net profit to $43.6 million, boosted by its settlement with PGG Wrightson. Revenue for the 12 months to the end of August rose 1 percent to $2.015 billion.

NZ Shares Rise, PGG Wrightson Up On Securing New Shareholder

NZ Shares Rise, PGG Wrightson Up On Securing New Shareholder
Wellington, Oct 16 NZPA - The sharemarket ended a busy day higher with plenty of corporate activity for investors to digest and the prospect of an initial public offering on the horizon.

Electricity Commission Looks For Leakage In Compressed Air Usage

Electricity Commission Looks For Leakage In Compressed Air Usage
Wellington, Oct 1 NZPA - New Zealand industries seeking proof for overseas markets of their energy efficiency are starting to benchmark their use of a relatively expensive form of energy -- compressed air.

NZ Sharemarket Rises, Telecom Dips And Recovers

NZ Sharemarket Rises, Telecom Dips And Recovers
Wellington, Sept 16 NZPA - The New Zealand sharemarket rose today but not as much as key markets in Asia as the share price of market leader Telecom dipped, then recovered on a government broadband announcement.

PGG Wrightson Says Silver Fern Farms Gives Notice Of Share Sale

PGG Wrightson Says Silver Fern Farms Gives Notice Of Share Sale
Wellington, Sept 16 NZPA - PGG Wrightson Ltd (PGW) said Silver Fern Farms has given notice of an intention to sell some or all of its shares in PGW.

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc
Wellington, Aug 27 NZPA - Rural services company PGG Wrightson says it may need new capital after posting a net loss of $66.4 million for the year to June 30, down 190.8 percent on its profit of $73.2m last year.