Shareholders have rejected Florenz’s takeover offer, and Bougen is still talking of putting a recapitalisation plan before the board.
The conditional purchase of Auckland’s Civic Waste could provide about $20m of additional revenue over 12 months.
The company reduced net debt for the first time since March 2021.
New payout policy announced ahead of annual meeting today.
The listed pharmaceuticals company was impacted by one-off hits including major customers destocking.
Market conditions are expected to remain challenging in the second half.
Company chair says share price is not where the company wants it to be.
The NZX-listed healthcare trust is again proposing to separate its New Zealand and Australian assets into distinct legal entities.
Hawke’s Bay port, the fourth-largest terminal on container traffic, recorded a 15.9% improvement in revenues.
Fast track approval not an immediate focus for Sanford managing director David Mair.