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>Napier Port (NPH) said it is tracking towards the top end of its FY25 EBITDA guidance range at its 2025 investor day.</li><li>It also reiterated its return on capital goal (WACC type level over the medium to long term).</li><li>Management has outlined a well thought through port productivity initiative (Napier Port Transformation) which should yield benefits from FY28, after an upfront investment, enhancing longer-term returns. </li></ul>

Napier Port (NPH) said it is tracking towards the top end of its FY25 EBITDA guidance range at its 2025 investor day.It also reiterated its return on capital goal (WACC type level over the medium to long term).Management has outlined a well thought through port productivity initiative (Napier Port Transformation) which should yield benefits from FY28, after an upfront investment, enhancing longer-term returns. 

Napier Port - Steering a Transformative Voyage