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2 Mar 2026 11:19
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  •   Home > News > Business

    Financial results are coming in thick and fast

    Financial results are coming in thick and fast


    a2 Milk is reporting a 21-percent rise in profit -- alongside announcing its bought the Yashili plant in Pokeno.

    It's also sold its majority stake in the Mataura Valley plant in Gore - to Open Country Dairy.

    Contact Energy's profit is up 13-percent, after a surge in geothermal generation.

    Freightways' profit is up 12.9 percent.

    Chief executive, Mark Troughear is putting it partly down to strong growth in Australia.

    He says the company's Australian network has grown 12-percent, and its New Zealand network a fraction of a percent.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     02 Mar: Rates are set to rise in Dunedin - as the city council releases its draft Annual Plan
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     Top Stories

    RUGBY RUGBY
    Crusaders prop Tamaiti Williams has been cited for what's been deemed a reckless or dangerous act during their Super Rugby win over the Chiefs in Hamilton More...


    BUSINESS BUSINESS
    A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position More...



     Today's News

    Living & Travel:
    Victory in Gorton and Denton is historic for the Greens – and cataclysmic for Britain’s two-party politics 11:17

    International:
    American service members killed as Iran strikes back against US-Israel attack 11:17

    Motorsports:
    A storming start to the latest race of the Nascar season for Shane van Gisbergen 11:07

    Law and Order:
    Police are hunting people who damaged St John ambulances in South Auckland on Saturday 11:07

    Rugby:
    Crusaders prop Tamaiti Williams has been cited for what's been deemed a reckless or dangerous act during their Super Rugby win over the Chiefs in Hamilton 10:47

    National:
    Trump and Netanyahu want regime change, but Iran’s regime was built for survival. A long war is now likely 10:37

    National:
    Neither preemptive nor legal, US-Israeli strikes on Iran have blown up international law 10:27

    Business:
    A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position 10:27

    National:
    Meet the ‘Old Mother Goose’ from NZ’s subtropical prehistoric past 10:17

    National:
    Bad Bunny says reggaeton is Puerto Rican, but it was born in Panama 10:07


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