New Zealand Professional Investment Services Firm, Forsyth Barr

Forsyth Barr

New Zealand Professional Investment Services Firm

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.

Equity Bottom-Up

<ul>
<li>The a2 Milk Company (ATM) will report its FY26 result on Monday, 17 August 2026.</li>
<li>ATM noted a ‘large proportion’ of its China-label customers were forced to switch brands due to inadequate supply in 4Q26.</li>
<li>We look for an update on ATM’s Pokeno facility, where we expect utilisation to ramp up significantly in FY27.</li>
</ul>


The a2 Milk Company (ATM) will report its FY26 result on Monday, 17 August 2026.
ATM noted a ‘large proportion’ of its China-label customers were forced to switch brands due to inadequate supply in 4Q26.
We look for an update on ATM’s Pokeno facility, where we expect utilisation to ramp up significantly in FY27.


The a2 Milk Company FY26 Preview—Supply Restored

<ul>
<li>Spark NZ (SPK) has entered into an arrangement with Challenger Limited (CGF.AX) to create a new financing structure for the interest-free plans SPK offers to its customers to purchase mobile phones and other products.</li>
<li>This arrangement will see SPK sell ~NZ$240m of existing receivables to Challenger, reducing its net debt.</li>
<li>Importantly, SPK will also sell all future interest-free plan receivables to Challenger, eliminating the working capital drag from growing interest-free mobile handset sales.</li>
</ul>


Spark NZ (SPK) has entered into an arrangement with Challenger Limited (CGF.AX) to create a new financing structure for the interest-free plans SPK offers to its customers to purchase mobile phones and other products.
This arrangement will see SPK sell ~NZ$240m of existing receivables to Challenger, reducing its net debt.
Importantly, SPK will also sell all future interest-free plan receivables to Challenger, eliminating the working capital drag from growing interest-free mobile handset sales.


Australia

Challenger Limited is an investment management firm  The Company offers annuities and other retirement income products as well as manages assets for domestic and international clients.

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Challenger Ltd (CGF AU)

The a2 Milk Company FY26 Preview—Supply Restored

The a2 Milk Company (ATM) will report its FY26 result on Monday, 17 August 2026. ATM noted a ‘large proportion’ of its China-label customers were...

Forsyth Barr

Spark NZ A New Phone For Christmas

Spark NZ (SPK) has entered into an arrangement with Challenger Limited (CGF.AX) to create a new financing structure for the interest-free plans SPK...

Forsyth Barr

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