First quarter better than expected but a long way to go.
Analysts say Z Energy’s headwinds are unlikely to let up despite a better-than-expected showing for the first quarter.
The listed fuel retailer’s share price jumped 5c to $2.80 on news it was on track to deliver cost reductions after earnings took a hammering during the Covid-19 lockdown.
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Reweti Kohere
Wed, 22 Jul 2020
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
