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>Port of Tauranga (POT) reported a challenged FY24 result, but a significant sequential improvement in 2H24.</li><li>The year was characterised by: (1) weak container volumes through the first half, (2) materially lower container storage income, and (3) a weaker contribution from equity accounted associates.</li><li>Fewer containers reflect a combination of share losses to Port of Auckland (POAL), weaker industry-wide import volumes, and less transhipments given prior year shipping service changes. </li></ul>

Port of Tauranga (POT) reported a challenged FY24 result, but a significant sequential improvement in 2H24.The year was characterised by: (1) weak container volumes through the first half, (2) materially lower container storage income, and (3) a weaker contribution from equity accounted associates.Fewer containers reflect a combination of share losses to Port of Auckland (POAL), weaker industry-wide import volumes, and less transhipments given prior year shipping service changes. 

Port of Tauranga - FY24 — Water Under the Wharf