G 
2.37
-0.42%
Close of 9 Nov 2026, in NZD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in NZD, from our data supplier.
Revenue
NZD 2.82bn
FY2017FY2026
Net income
NZD 84.4m
FY2017FY2026
Free cash flow
NZD 178.1m
FY2017FY2026
Shareholders' equity
NZD 2.99bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 2.82bn | NZD 3.71bn | NZD 3.03bn | NZD 2.37bn | NZD 2.84bn | NZD 3.22bn | NZD 2.59bn | NZD 2.70bn | NZD 2.30bn | NZD 1.95bn |
| Gross profit | NZD 517.0m | NZD 989.4m | NZD 862.7m | NZD 514.0m | NZD 433.4m | NZD 407.5m | NZD 355.6m | NZD 369.4m | NZD 360.4m | NZD 340.3m |
| Operating income | NZD 263.1m | NZD 210.4m | NZD 71.8m | NZD 259.2m | NZD 217.6m | NZD 211.5m | NZD 145.8m | NZD 167.7m | NZD 154.7m | NZD 157.9m |
| Net income | NZD 84.4m | NZD 169.1m | NZD 131.1m | NZD 195.7m | NZD 221.9m | NZD 33.5m | NZD 46.0m | NZD 59.2m | NZD 19.8m | NZD 118.7m |
| Diluted earnings per share | 0.06 | 0.15 | 0.12 | 0.18 | 0.21 | 0.03 | 0.04 | 0.06 | 0.02 | 0.12 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | NZD 5.92bn | NZD 6.10bn | NZD 5.64bn | NZD 5.09bn | NZD 5.27bn | NZD 5.23bn | NZD 4.58bn | NZD 4.69bn | NZD 4.23bn | NZD 4.22bn |
| Cash and short-term investments | NZD 145.0m | NZD 81.0m | NZD 192.8m | NZD 60.1m | NZD 105.6m | NZD 104.3m | NZD 32.5m | NZD 61.9m | NZD 49.3m | NZD 27.8m |
| Total liabilities | NZD 2.93bn | NZD 3.13bn | NZD 2.96bn | NZD 2.68bn | NZD 2.89bn | NZD 3.19bn | NZD 2.51bn | NZD 2.54bn | NZD 2.27bn | NZD 2.24bn |
| Debt | NZD 1.14bn | NZD 1.49bn | NZD 1.45bn | NZD 1.37bn | NZD 1.49bn | NZD 1.43bn | NZD 1.37bn | NZD 1.35bn | NZD 1.26bn | NZD 1.26bn |
| Shareholders' equity | NZD 2.99bn | NZD 2.98bn | NZD 2.68bn | NZD 2.41bn | NZD 2.38bn | NZD 2.05bn | NZD 2.07bn | NZD 2.15bn | NZD 1.96bn | NZD 1.98bn |
| Shares outstanding | 1,309m | 1,101m | 1,082m | 1,064m | 1,050m | 1,043m | 1,036m | 1,022m | 1,006m | 1,000m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | NZD 449.8m | NZD 311.7m | NZD 439.8m | NZD 422.6m | NZD 261.7m | NZD 319.5m | NZD 307.5m | NZD 311.4m | NZD 330.6m | NZD 248.5m |
| Capital spending | −NZD 271.8m | −NZD 135.1m | −NZD 143.2m | −NZD 78.9m | −NZD 79.2m | −NZD 67.7m | −NZD 76.3m | −NZD 72.8m | −NZD 50.1m | −NZD 32.2m |
| Free cash flow | NZD 178.1m | NZD 176.6m | NZD 296.6m | NZD 343.7m | NZD 182.5m | NZD 251.8m | NZD 231.2m | NZD 238.6m | NZD 280.5m | NZD 216.3m |
| Dividends paid | −NZD 126.1m | −NZD 115.8m | −NZD 128.3m | −NZD 145.5m | −NZD 164.8m | −NZD 162.3m | −NZD 138.4m | −NZD 131.6m | −NZD 147.7m | −NZD 164.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NZD 1.29bn | NZD 1.53bn | NZD 1.97bn | NZD 1.76bn | NZD 1.68bn | NZD 1.37bn | NZD 1.22bn | NZD 609.5m |
| Gross profit | NZD 221.0m | NZD 305.3m | NZD 239.0m | NZD 224.2m | NZD 208.8m | NZD 185.7m | NZD 215.7m | NZD 107.8m |
| Operating income | NZD 94.7m | NZD 175.7m | NZD 105.4m | NZD 224.2m | NZD 208.8m | NZD 185.7m | NZD 80.8m | NZD 40.4m |
| Net income | −NZD 10.6m | NZD 95.1m | NZD 98.8m | NZD 70.3m | NZD 92.8m | NZD 38.3m | NZD 50.4m | NZD 25.2m |
| Diluted earnings per share | -0.01 | 0.09 | 0.09 | 0.07 | 0.09 | 0.04 | 0.05 | 0.02 |
| Cash from operations | NZD 219.0m | NZD 230.0m | NZD 149.0m | NZD 126.0m | NZD 229.0m | NZD 210.0m | NZD 198.0m | NZD 99.0m |
| Capital spending | −NZD 155.0m | −NZD 116.0m | −NZD 65.0m | −NZD 61.0m | −NZD 71.0m | −NZD 71.0m | −NZD 48.0m | −NZD 24.0m |
| Free cash flow | NZD 64.0m | NZD 114.0m | NZD 84.0m | NZD 65.0m | NZD 158.0m | NZD 139.0m | NZD 150.0m | NZD 75.0m |
| Total assets | NZD 5.92bn | NZD 6.29bn | NZD 6.10bn | NZD 6.03bn | NZD 5.64bn | NZD 5.17bn | NZD 5.09bn | NZD 5.09bn |
| Cash and short-term investments | NZD 145.0m | NZD 96.8m | NZD 81.0m | NZD 102.0m | NZD 192.8m | NZD 69.5m | NZD 60.1m | NZD 60.1m |
| Debt | NZD 1.14bn | NZD 420.9m | NZD 1.49bn | NZD 301.3m | NZD 1.45bn | NZD 163.3m | NZD 1.37bn | — |
| Shareholders' equity | NZD 2.99bn | NZD 3.09bn | NZD 2.98bn | NZD 2.95bn | NZD 2.68bn | NZD 2.47bn | NZD 2.41bn | NZD 2.41bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.9% | -2.6% | 3.4% |
| Operating income | 0.5% | 4.5% | 2.4% |
| Net income | -24.4% | 20.3% | -7.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.1% | 24.2% | 20.7% | 19.6% |
| Operating margin | 7.2% | 6.7% | 6.9% | 7.0% |
| Net margin | 3.9% | 4.9% | 4.6% | 4.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 37.0 | 15.6 | 18.6 | 13.6 | 12.2 | 89.0 | 81.6 | 52.2 | 132.6 | 21.2 |
| Price to sales | 1.1 | 0.7 | 0.8 | 1.1 | 0.9 | 0.9 | 1.4 | 1.1 | 1.1 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 22 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.076 | 0.184 | 0.221 | 0.247 | 0.267 | 0.242 | 0.226 | 0.125 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.