Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Frucor Joins NZSE Top 40 Index

Frucor Beverages (FRU) celebrated its inclusion on the NZSE Top 40 Index today with the start of the NZ Stock Exchange’s new quarterly ranking.

Managing Director, Mark Cowsill said the inclusion on the NZSE Top 40 index acknowledges Frucor's strong performance since its listing on the NZSE and ASX in June 2000. Frucor's market capitalisation at Friday’s closing price of $2.27 was $284million.

“In particular, key achievements have included the successful introduction of V into the UK and Irish markets and the net profit after tax (net surplus) of $9.6 million for the year to June 30 2000, nearly 10 percent ahead of the NZ$8.8 million forecast in the company’s IPO Prospectus. The surplus was achieved on sales of $180.2 million up 61% on the prior year,” he said.

For further information

Mark Cowsill, Managing Director
Frucor Beverages Group Limited
Tel: 64-9-250-0100
Mobile: 021-742-421

© Scoop Media

Business Headlines | Sci-Tech Headlines


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news