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Warehouse Director Avery Retires

Warehouse Director Avery Retires
Wellington, Sept 28 NZPA - Long-time Warehouse Group board member John Avery will retire after 25 years with the company.

The Warehouse Group Full Year Net Profit Falls 15 Pct To $76.8m

The Warehouse Group Full Year Net Profit Falls 15 Pct To $76.8m
Wellington, Sept 11 NZPA - Retailer The Warehouse Group reported a 15.4 percent fall in full year net profit to $76.8 million, affected by a $7.4m post tax charge relating to the company's exit from fresh food and liquor.

PGG Wrightson Responds To `Wildly Inaccurate' Comment

PGG Wrightson Responds To `Wildly Inaccurate' Comment
Wellington, Sept 9 NZPA - PGG Wrightson is seeking to correct what it calls "speculative, uninformed and often wildly inaccurate" comment being made about the company.

Olam Takes Another Significant Dairying Stake: 14pc Of Nzfsu

Wellington, Sept 2 NZPA - A Singapore-based food multinational building a global dairy empire has taken a stake in NZ Farming Systems Uruguay Ltd, which hopes to make money from dairying in South America.

$67m Loss For NZ Farming Systems Uruguay

$67m Loss For NZ Farming Systems Uruguay
Wellington, Aug 26 NZPA - New Zealand Farming Systems Uruguay (NZFSU) today posted a net loss of $US45.9 ($NZ67.79) million ($US8m last year) for the year to June 30.

GPT Sees Economic Upturn Improving Demand For Property

GPT Sees Economic Upturn Improving Demand For Property
Wellington, Aug 5 NZPA - Goodman Property Trust had an acting chairman standing in for an acting chairman today at an annual unitholders meeting at which there were no resolutions requiring a vote.

NZFSU Raises $US30 Million By Selling Bonds In Uruguay

NZFSU Raises $US30 Million By Selling Bonds In Uruguay
Wellington, June 29 NZPA - NZ Farming Systems Uruguay Ltd has raised $US30 ($NZ46.21) million by selling a first tranche of bonds in Uruguay. The non-convertible bonds have an expected maturity of about 15 years, and pay a fixed interest rate of 5 percent until September 30, 2010.

Craig Norgate Steps Down As Chairman Of PGG Wrightson

Craig Norgate Steps Down As Chairman Of PGG Wrightson
Wellington, July 23 NZPA - Craig Norgate has stepped down from his position as chairman of PGG Wrightson, saying the decision reflected the preference for an independent chair given the listed status of the company.

Bigger Earnings Loss On Cards For NZ Farming Systems Uruguay

Bigger Earnings Loss On Cards For NZ Farming Systems Uruguay
Wellington, April 28 NZPA - New Zealand Farming Systems Uruguay (NZFSU) is now nearly doubling the size of its forecast earnings loss to about $US20 million ($NZ35.7 million) as a result of drought in Uruguay.

Drs Brash And Cullen Among SOE Appointments Today

Drs Brash And Cullen Among SOE Appointments Today
Wellington, April 7 NZPA - Former National leader Don Brash has been appointed a director of Transpower.

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