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) hosted an upbeat investor day and provided positive first time 1H25 earnings guidance; we upgrade to NEUTRAL from UNDERPERFORM. ​​​​​​​</li><li>AIR's first investor day for five years highlighted management's active pursuit of a wide range of credible, value accretive revenue and cost-related initiatives, aimed at lifting financial performance over the medium term.</li><li>However, it also acknowledged the challenges posed in the airline industry, and that some of the targeted benefits may be competed away. </li></ul>

Air New Zealand (AIR) hosted an upbeat investor day and provided positive first time 1H25 earnings guidance; we upgrade to NEUTRAL from UNDERPERFORM. ​​​​​​​AIR's first investor day for five years highlighted management's active pursuit of a wide range of credible, value accretive revenue and cost-related initiatives, aimed at lifting financial performance over the medium term.However, it also acknowledged the challenges posed in the airline industry, and that some of the targeted benefits may be competed away. 

Air New Zealand - Management Back in Control of the Cockpit