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>Contact Energy's (CEN) FY24 result hit the mark, with EBITDAF in line with expectations and well up on FY23, despite its Tauhara commissioning challenges.</li>
<li>Whilst wholesale electricity market conditions remain volatile, we believe CEN is best placed to weather the storm, and our FY25 forecast is little changed.</li>
<li>Recent decisions indicate CEN is preserving cash as much as possible. </li>
</ul>


Contact Energy's (CEN) FY24 result hit the mark, with EBITDAF in line with expectations and well up on FY23, despite its Tauhara commissioning challenges.
Whilst wholesale electricity market conditions remain volatile, we believe CEN is best placed to weather the storm, and our FY25 forecast is little changed.
Recent decisions indicate CEN is preserving cash as much as possible. 


Contact Energy - Pipeline Balancing Act — FY24 Result