![Tough times call for tough measures: Why Freightways ditched its dividend](/pf/resources/images/placeholders/placeholder_l.png?d=798)
Tough times call for tough measures: Why Freightways ditched its dividend
Freightways has taken measures to shore up its balance sheet due to Covid-19.
Freightways has taken measures to shore up its balance sheet due to Covid-19.
After a solid result, attention turns to the future: fatter payouts or tighter regulation?
Results affected by the lockdowns in both New Zealand and Australia.
Revenue for the year increased to a record $196m, up 14.5 per cent.
Case argues exploration ban should not have come into effect until the law was changed.
A record 45 large companies have filed for Chapter 11 bankruptcy.
A2 Milk plans to start making its own formula, but says partner Synlait shouldn't worry.
Skellerup's annual earnings withstood Covid-19 shocks in the June year.
Investors rewarded those companies reporting better-than-expected financial results.
And a vegan-friendly expansion has been added to the menu.
The airline has said it will not resume international passenger flying until next year.
A2 Milk will soon be sitting on $1billion in cash if growth continues apace in 2021.
Air NZ and unions say the rules are stringent - and crew are bearing the brunt of them.
The S&P/NZX 50 Index shed much of its gains from the previous day.
Hallenstein Glasson Holdings issued a trading update and earnings guidance for FY2020.
NZ company said Covid-19 had a "modest positive impact on revenue and earnings".
Full details of performance in the past year released.
Fletcher did not enter the Covid-19 crisis in fighting shape, say analysts.
The S&P/NZX 50 Index was boosted by better-than-expected company results.
However, the company managed to increase its dividend for the 12th year in a row.
F&P Healthcare said Covid-19 demand would drive earnings sharply higher in 2021.
No statement of diving school's financial position is available yet, says administrator.
The S&P/NZX 50 Index gained 1.93 per cent.
A2 Milk's record of reporting strong earnings growth is expected to remain intact.
Big new Waikato dairy goat and meat chicken farming venture shrugs off Covid-19.
The number of flights through Auckland plunging following the PM's announcement.
The New Zealand sharemarket finished a nervous week almost where it started.