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 Capital goods / Thematic (Sector/Industry)

<ul><li>Ready-mix concrete (RMC) production volumes were strong in the June quarter despite Iran War-related volatility, up +12% on the prior year.</li><li>The South Island remains the key driver of volume growth, but there were signs of life in the upper North Island.</li><li>The medium-term outlook is improving; the underlying trend in non-residential activity is improving, there have been numerous fast-track approvals, and the infrastructure pipeline is building.</li></ul>

Ready-mix concrete (RMC) production volumes were strong in the June quarter despite Iran War-related volatility, up +12% on the prior year.The South Island remains the key driver of volume growth, but there were signs of life in the upper North Island.The medium-term outlook is improving; the underlying trend in non-residential activity is improving, there have been numerous fast-track approvals, and the infrastructure pipeline is building.

Building Sector Ready-Mix Concrete—Starting to Set