Look at the 5 hot consumer stocks on NZX


  • Fonterra sees positive results, while a2 Milk sees a decline.
  • Revenue growth offered by Marlborough Wine.
  • Positive results recorded by Delegat Group.

Consumer stocks or the stocks that are in regular consumption by consumers, despite ups and downs in situations such as economic changes, health hazards and even natural calamities, are an interesting commodity for investment. Have a look at some such stocks and see whether investing in this genre is something you can think about.

Image Description: Consumer stocks through COVID times

Image source: © 2021 Kalkine Media New Zealand Ltd

Fonterra Cooperative Group Limited (NZX: FCG) (ASX:FSF)

This dairy Company operates with different brands like Western Star, Bega and Perfect Italiano. In the Global Dairy Update given out in the end of last month, it was said that low early-season volumes were being seen in New Zealand, while there has been a 6.6% change from July 2021, to pcp, while the production in the last 12 months since July 2021 has seen a 2.7% increase.

On 8 September 2021, the Company traded at NZ$3.170, up by 0.32% at the time of writing.

My Food Bag Group Limited (NZX:MFB)

This meal kit operator started functioning in 2013 and has been responsible for millions of meals to the people of the country. In the latest annual meeting, the company decided that the auditor expenses and fee should be determined by the Company’s directors. The annual meeting was held virtually due to COVID-19-related restrictions.

On 8 September 2021, the Company traded at NZ$1.410, down by 2.08% at the time of writing.

Don’t miss: Why these NZX consumer shares are worth following

Delegat Group Limited (NZX:DGL)

This is a leading wine distributor in the country. In its annual results declared recently, the Company offered an NPAT of NZ$65.5 million and operating EBITDA of 122.9 million, both looking up from previous year. The cash from operations was registered to be NZ$74.7 million and the operating return on the employed capital was 13.8%.

On 8 September 2021, the Company traded at NZ$14.790, up by 1.30%, at the time of writing.

Don’t miss: ­What are the effects of changing China infant nutrition market structure on The a2 Milk (NZX:ATM)?

Marlboro Wine Estates Group (NZX:MWE)

Another wine operator in the country, Marlborough wines, is known for its premium blends. In the FY21 results declared by the Company of late, there was a 5% revenue growth, while the Company has been able to successfully implement strategies for growth, which will lead to the worldwide expansion of the brand.

The a2 Milk Company Limited (NZX:ATM) (ASX:A2M)

This dual-listed milk-based Company is known for its different products in markets across the world. Announcing that the year has been particularly challenging due to the COVID-19 pandemic, also considering China is one of the biggest markets for the brand, the revenue was recorded down by 30.3%, while EBITDA saw a decline of 77.6% and the NPAT was recorded down by 79.1%.

Related article: a2 Milk (NZX:ATM) reports steep fall in profits, shares take a tumble

Bottom Line

Consumer stocks have witnessed fluctuations considering COVID-19-related effects. Research well to see if these might be the best fit according to your investment vision.



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