Industrial Stocks

Colonial Motor (NZX:CMO) delivers record earnings; lifts dividend payout

  • August 17, 2022 07:56 PM NZST
  • Manika
 Colonial Motor (NZX:CMO) delivers record earnings; lifts dividend payout

CMO’s profit after tax up 19% over pcp This is a new record for the company Pays record dividend of 62 cps, up 7 cps

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What is Mainfreight’s global supply chain status?

What is Mainfreight’s global supply chain status?

  • September 22, 2021 05:00 PM NZST
  • Sonal

Mainfreight Limited (NZX:MFT) is a global supply chain company that offers managed warehousing and freight forwarding services around the world. MFT had posted a record result in FY21 with sales revenue crossing $3.5 billion for the first time as ...

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How are 5 NZX transportation stocks faring amid lockdowns?

How are 5 NZX transportation stocks faring amid lockdowns?

  • September 21, 2021 10:30 PM NZST
  • Sonal

Highlights New Zealand has a large, efficient and diverse transportation sector. Mainfreight experienced a drop in domestic transport trading revenue in FY21. MOVe Logistics’s trading was impacted in H1 of the financial year due to the C...

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Are NZ freight and logistics stocks back on track?

Are NZ freight and logistics stocks back on track?

  • September 17, 2021 06:46 PM NZST
  • Manika

Highlights Freight & Logistics companies manage the movement of goods in New Zealand and outside. The COVID-19 pandemic had an adverse impact on some of these companies. Because of economic recovery in the first half of CY2021, these compa...

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Is hydrogen-powered Air NZ (NZX:AIR) aircraft in the offing?

Is hydrogen-powered Air NZ (NZX:AIR) aircraft in the offing?

  • September 16, 2021 05:44 PM NZST
  • Manika

Highlights  Air New Zealand to tie up with Airbus for Zero-emission aircraft. Air NZ to understand the impact of hydrogen aircraft as given in the MoU. The national carrier has a target to go zero emission by 2050. In an ...

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How is Sanford’s (NZX:SAN) seafood delivery progressing amid COVID-19?

How is Sanford’s (NZX:SAN) seafood delivery progressing amid COVID-19?

  • September 16, 2021 04:02 PM NZST
  • Sonal

Sanford Limited (NZX:SAN) is an Auckland-based seafood company involved in farming, harvesting, managing and marketing seafood. It owns and handles fisheries across NZ waters. The seafood Company, being a heavily export-focused business, was struc...

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What lies ahead for NZ travel and tourism sector in 2021?

What lies ahead for NZ travel and tourism sector in 2021?

  • September 15, 2021 07:51 PM NZST
  • Manika

The recent announcements will give a further setback to the New Zealand tourism and travel industry. The Prime Minister of Cook Islands in a recent announcement said that there were no plans to reopen travel to New Zealand until there had been no c...

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Is Skellerup Holdings(NZX:SKL) enroute to sustainable growth through latest acquisition?

Is Skellerup Holdings(NZX:SKL) enroute to sustainable growth through latest acquisition?

  • September 13, 2021 09:26 PM NZST
  • Manika

Highlights Skellerup Holding’s Talbot acquisition could mean sustainable future growth. Responsible for several projects of critical importance, the Company focussed on the best client results. Annual results show steady growth for the C...

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What are Freightways’ (NZX:FRE) express package strategies?

What are Freightways’ (NZX:FRE) express package strategies?

  • September 10, 2021 04:18 PM NZST
  • Manika

Freightways Limited (NZX:FRE)  provides express package services throughout New Zealand along with business mail and information management systems.  information management and business mail services. The Company faced many challenges due...

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MHM Automation (NZX:MHM) offers special dividend after stellar gains

MHM Automation (NZX:MHM) offers special dividend after stellar gains

  • September 08, 2021 03:57 PM NZST
  • Roma

Highlights MHM offers a special dividend, reflecting a strong performance. To focus on sustainable business growth in the future. To focus on acquisitions, to grow the business further. MHM Automation Limited (NZX:MHM) in an announcement ...

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How is Mainfreight (NZX:MFT) coping with NZ lockdown?

How is Mainfreight (NZX:MFT) coping with NZ lockdown?

New Zealand was under alert level 4 land since 17 August, later some regions were put under alert level 3. Later, during the day, the Government would provide update whether alert level has to be relaxed in areas except Auckland city. As on 5 Sept...

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