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>Pacific Edge's (PEB) 1H24 result was modestly below expectations, driven by higher than expected costs.</li><li>While it has undertaken significant cost reductions to right size the business and manage cash flow this was not seen in its 1H24 result, with most changes occurring in 2Q24.</li><li>No additional details were given on the LCD coverage decision which is due by 26 July 2024. </li></ul>

Pacific Edge's (PEB) 1H24 result was modestly below expectations, driven by higher than expected costs.While it has undertaken significant cost reductions to right size the business and manage cash flow this was not seen in its 1H24 result, with most changes occurring in 2Q24.No additional details were given on the LCD coverage decision which is due by 26 July 2024. 

Pacific Edge - 1H24 Result — Kaiser Time