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>Contact Energy (CEN) has finished FY26 with a flourish and a record quarter result.</li><li>Favourable operating conditions (meaning there was little thermal generation) and a strong commercial market performance were the main factors that led to CEN comfortably exceeding FY26 guidance.</li><li>CEN remains our preferred sector exposure with its attractive development pipeline and strong recent track record.</li></ul>

Contact Energy (CEN) has finished FY26 with a flourish and a record quarter result.Favourable operating conditions (meaning there was little thermal generation) and a strong commercial market performance were the main factors that led to CEN comfortably exceeding FY26 guidance.CEN remains our preferred sector exposure with its attractive development pipeline and strong recent track record.

Contact Energy Strong Finish to FY26 4Q26 Op Stats