The company, whose shares are suspended from trading, now has a board lacking any AI expertise, the CEO tells NBR.
The NZX-listed fishing company's managing director David Mair is upbeat on a turnaround.
But in an industry that is experiencing significant contractions following pandemic highs, analysts think the results are broadly in line with market expectations.
NZX-listed oscillator maker partly blames $2.2m cost of acquisition approach for lack of FY24 dividend.
The company’s share price has risen as investors and analysts give the thumbs up to 2024 full-year results and outlook for FY25.
The beleaguered glass supplier has implemented leadership change and cost-cuts but outlook remains ‘soft’.
Those wanting an update on the sale of the consumer businesses were told to wait until something happened, as the dairy giant updated its full year forecast.
However, ‘process failings’ were identified in the judgment.
‘For the longest time it felt like we were a lone voice and there were plenty of detractors,’ says chair Stiassny on the insurer’s risk-based pricing.
Group also follows retirement sector lead in scrapping dividend while it ponders restructuring options.
