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

Thematic (Sector/Industry)

New zealand Industrials / Thematic (Sector/Industry)

<ul><li>Ready-mix concrete production shows signs of stabilisation with modest improvements expected in the latter half of 2025.</li><li>Regionally, Auckland and Otago/Southland show year-on-year volume growth, indicating a potential uptick in construction activity.</li><li>Fletcher Building's upcoming investor day will provide further insights, with market expectations of a 10%-15% decline in FY25 volumes.</li></ul>

Ready-mix concrete production shows signs of stabilisation with modest improvements expected in the latter half of 2025.Regionally, Auckland and Otago/Southland show year-on-year volume growth, indicating a potential uptick in construction activity.Fletcher Building's upcoming investor day will provide further insights, with market expectations of a 10%-15% decline in FY25 volumes.

Building Sector Ready-Mix Concrete—Levelling Off