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 its second highest annual profit when it reports its FY23 result on 24 August 2023.</li><li>Successive earnings guidance upgrades during the year leaves underlying PBT at more than NZ$580m (FB: NZ$591m).</li><li>Strong margins have been driven by yield strength as demand remains greater than supply, with easing fuel prices more than mitigating elevated cost inflation and lower cargo revenues.  </li></ul>

Air New Zealand (AIR) will report its second highest annual profit when it reports its FY23 result on 24 August 2023.Successive earnings guidance upgrades during the year leaves underlying PBT at more than NZ$580m (FB: NZ$591m).Strong margins have been driven by yield strength as demand remains greater than supply, with easing fuel prices more than mitigating elevated cost inflation and lower cargo revenues.  

Air New Zealand - FY23 Preview — On Top of the World