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Revenue Stories - Page 19

Kiwi Stories

Revenue stories

Cubic Defence NZ targets corporate along with military and security customers
Physical Security

Cubic Defence NZ targets corporate along with military and security customers

High-tech exporter Cubic Defence NZ is setting its sights on selling military training systems to corporate customers.

By Pattrick Smellie • 4 min read • Mon, 13th Apr 2015
NZ government turns to $269 mln deficit in 8 months to February
Government

NZ government turns to $269 mln deficit in 8 months to February

The New Zealand government turned to a deficit in the first eight months of the financial year, although the shortfall was smaller than forecast as th.

By Pattrick Smellie • 2 min read • Fri, 10th Apr 2015
Fishing company Sanford looks to lay off 232 Christchurch staff
Government

Fishing company Sanford looks to lay off 232 Christchurch staff

Sanford, New Zealand's largest listed fishing group, is in consultations with 232 staff who look likely to lose their jobs at the company's Christchur.

By Pattrick Smellie • 3 min read • Thu, 9th Apr 2015
Veritas says failure of four Mad Butcher franchisees 'coincidence of timing'
Veritas

Veritas says failure of four Mad Butcher franchisees 'coincidence of timing'

Veritas Investments, the food and beverage investor, has responded to media reports about the financial health of its Mad Butcher brand by saying the.

By Pattrick Smellie • 2 min read • Tue, 7th Apr 2015
F&P Appliances see records surge in global sales, narrows full-year loss
Taxation

F&P Appliances see records surge in global sales, narrows full-year loss

Fisher & Paykel Appliances narrowed its full-year loss in 2014 after sales growth across all its markets helped drive a surge in revenue.

By Pattrick Smellie • 3 min read • Thu, 2nd Apr 2015
F&P Appliances records surge in global sales, narrows full-year loss
Fisher & Paykel Finance

F&P Appliances records surge in global sales, narrows full-year loss

Fisher & Paykel Appliances, the Auckland-based manufacturer and consumer credit company owned by China's Haier Group, narrowed its full-year loss in 2.

By Pattrick Smellie • 3 min read • Thu, 2nd Apr 2015
NZ dollar may sink to 70 US cents in 2015 on resurgent greenback: BusinessDesk survey
Health Technologies

NZ dollar may sink to 70 US cents in 2015 on resurgent greenback: BusinessDesk survey

The New Zealand dollar may extend its decline against the greenback this year, on increased signs the Federal Reserve will lift interest rates from a.

By Pattrick Smellie • 4 min read • Mon, 30th Mar 2015
MARKET CLOSE: NZ shares rise as Fonterra Fund rebounds from low
Unified Communications

MARKET CLOSE: NZ shares rise as Fonterra Fund rebounds from low

NZ shares climbed as the NZX 50 Index rose 0.4%, led by Fonterra's rebound from a record low, while Hallenstein Glassons surged 6.5% on robust profit figures.

By Pattrick Smellie • 3 min read • Fri, 27th Mar 2015
MetService expects FY earnings to drop on delay in inking new MoT contract
Metservice

MetService expects FY earnings to drop on delay in inking new MoT contract

Meteorological Service of New Zealand, the state-owned weather bureau, says annual earnings will be $2 million less than estimated because of delays f.

By Pattrick Smellie • 2 min read • Thu, 26th Mar 2015
Kiwi company Milmeq wins innovation award after doubling export revenue in two years
NZTE

Kiwi company Milmeq wins innovation award after doubling export revenue in two years

Milmeq, which designs, engineers and manufactures systems for primary food processing, has doubled export revenue in the past two years.

By Pattrick Smellie • 5 min read • Thu, 26th Mar 2015

Global Stories

Revenue stories

Red Hat's hybrid cloud offerings in high demand
Fintech

Red Hat's hybrid cloud offerings in high demand

Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.

By Catherine Knowles • 2 min read • Mon, 22nd Jun 2015
Why did Vodafone acquire Worldxchange?
Unified Communications

Why did Vodafone acquire Worldxchange?

Vocus, WxC's current provider of IP transit (according to the ISP map) will lose out as WxC will have their transit agreements migrated to Vodafone.

By Brendan Ritchie • 4 min read • Mon, 15th Jun 2015
Reinvention of the reseller: Cloud calls for CNS
Software-as-a-Service

Reinvention of the reseller: Cloud calls for CNS

As resellers face increasing pressure from cloud services, we look at one reseller's move into the cloud and the lessons they learned.

By Heather Wright • 4 min read • Fri, 12th Jun 2015
Thriving IoT market heads towards trillion dollar mark
Storage

Thriving IoT market heads towards trillion dollar mark

The IoT market's rapid growth is set to hit USD $1.7 trillion by 2020, driven by massive investments in devices, connectivity, and IT services, says IDC.

By Catherine Knowles • 2 min read • Wed, 3rd Jun 2015
Serko's annual loss widens, targets profitability in 2017
Software Development

Serko's annual loss widens, targets profitability in 2017

Auckland-based travel firm Serko reports annual loss of $6.4m, but expects to be profitable in H1 2017. Revenue up 55% to $10.4m.

By Shannon Williams • 3 min read • Mon, 25th May 2015
Rakon back to profit
Rakon

Rakon back to profit

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

By Pattrick Smellie • 2 min read • Thu, 21st May 2015
Anzco posts weaker 2014 profit after taking control of Five Star Beef
Silver Fern Farms

Anzco posts weaker 2014 profit after taking control of Five Star Beef

Anzco Foods, New Zealand's third-largest meat company, said profit halved in 2014, a year in which it bought out shareholder Itoham Foods' half stake.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015

Stories from Other Regions

Revenue stories