Subscribe now to enjoy unlimited access to Food Ticker, New Zealand’s new food and beverage industry trade daily. Thank you for visiting Food Ticker. Click here for our subscription packages. We MORE »
Transport and 3PL provider Move Logistics Group has achieved its FY26 target of positive normalised earnings before tax, supported by improving momentum in its freight operations.
Digital trade platform TradeWindow has delivered a steady Q1 FY27 performance, posting Annual Recurring Revenue of $10.4m, up 17% on Q1 FY26.
A2 Milk has largely cleared the bottlenecks that choked its infant milk formula supply chain earlier this year, and will likely beat the downgraded full-year targets it was forced to set just three months ago.
“Profitability remains a clear priority,” managing director Paul Watson says, as he looks to an improved second half after a 32% increase in brand marketing investment in the first half.
Dairy processor Synlait Milk has hit its critical 30 June deadline, finalising documentation for a new $320m bank refinancing package and securing a formal $130m replacement shareholder loan from Bright Dairy.
A2 Milk’s board has now declared a $300m special dividend that will be fully franked and unimputed to be paid on 24 July 2026.
The late-2024 outbreak of bird flu and subsequent pauses on NZ poultry exports failed to clip the wings of the country’s largest chicken producer.
Commercial refrigeration tech leader AoFrio has raised $4.43m in its rights issue which closed on 18 June.
Kiwifruit exporter Zespri is forecasting a sharp increase in corporate profitability for the 2026/27 season, with net profit after tax expected to rise by as much as 30%.
V Energy’s New Zealand owner posts a sharp slide in headline revenue and net profit, but ramps up its cash distributions back to its global parent.
The New Zealand division of European bottling giant Coca-Cola Europacific Partners has posted 9.8% lift in profit, driven by a modest sales windfall from its vending operations.
