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Napier Port eyes recovery amid mixed trade volumes

Forbar analysts cut earnings forecasts, despite predicting improved profits.

Napier Port is optimistic of a strong recovery in volumes and profit over the next few years.

Liam Rātana Thu, 11 Apr 2024

Sharebroker Forsyth Barr has downgraded its profit expectations for New Zealand’s fourth-largest port Napier Port, as the NZX-listed company battles the ongoing hangover from Cyclone Gabrielle.

“We’re seeing the continued impact of Cyclone Gabrielle on the cargo owners, such as Pan Pac Forest

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Liam Rātana Thu, 11 Apr 2024
Contact the Writer: liam@nbr.co.nz
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Napier Port eyes recovery amid mixed trade volumes
Investment,
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