New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Air New Zealand (AIR) will report an impressive rebound in profitability when it reports its 1H23 result on 23 February 2023.</li><li>In light of a very strong end to the half we expect PBT at the top end of management's guidance range of NZ$295m–NZ$325m</li><li>The strong yield backdrop will continue to boost earnings through 2H23, with upside risk to near term consensus earnings. </li></ul>

Air New Zealand (AIR) will report an impressive rebound in profitability when it reports its 1H23 result on 23 February 2023.In light of a very strong end to the half we expect PBT at the top end of management's guidance range of NZ$295m–NZ$325mThe strong yield backdrop will continue to boost earnings through 2H23, with upside risk to near term consensus earnings. 

Air New Zealand: 1H23 Preview — Return Flight to Profitability