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>No surprise result: MEL’s 1H23 result was in line with expectations.</li><li>Stretching the development pipeline: The key feature of the result was MEL revealing its extended pipeline</li><li>Few near-term forecast changes, bigger changes longer-term as more projects added to our forecasts</li></ul>

No surprise result: MEL’s 1H23 result was in line with expectations.Stretching the development pipeline: The key feature of the result was MEL revealing its extended pipelineFew near-term forecast changes, bigger changes longer-term as more projects added to our forecasts

Meridian Energy: Development Pipe Dream? 1H23 Result