close
MENU
Hot Topic Infrastructure
Hot Topic Infrastructure
Investment
3 mins to read

Warehouse risks ‘brush up’ against banking covenants

Analysts also forecast the Kiwi retailer to hit pause on dividends until later in FY25.

The Warehouse Group could come close to breaching its interest cover covenant.

Kate McVicar Thu, 11 Jul 2024

The Warehouse Group is at risk of coming up against its bank covenants in the next financial year.

A report from Craigs Investment Partners by analyst Kieran Carling has outlined just how close the NZX-listed retailer could get to its interest cover covenant in the 2025 financial year.

The Warehouse

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Kate McVicar Thu, 11 Jul 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Warehouse risks ‘brush up’ against banking covenants
Investment,
104848
true