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>September 2024 was a record month for Contact Energy (CEN), courtesy of a strong rebound in hydro generation and being able to sell high-priced hedge contracts to competitors.</li><li>We expect that momentum to continue through October 2024, at which point the high-priced hedge contract ceases.</li><li>In addition, CEN has good momentum with its new geothermal plant. </li></ul>

September 2024 was a record month for Contact Energy (CEN), courtesy of a strong rebound in hydro generation and being able to sell high-priced hedge contracts to competitors.We expect that momentum to continue through October 2024, at which point the high-priced hedge contract ceases.In addition, CEN has good momentum with its new geothermal plant. 

Contact Energy - Well-Timed Inflows Enable Record Sept 2024