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>Recent announcements from Serko (SKO) competitor Navan (NASDAQ: NAVN), a US-based corporate-travel platform, highlight several key industry themes consistent with SKO commentary at its 2026 Investor Day and FY26 results.</li><li>These themes appear broadly supportive of SKO’s medium-term growth initiatives.</li><li>That said, the recent announcements also highlight the pace of innovation and intensity of competition among AI-enabled travel-technology providers.</li></ul>

Recent announcements from Serko (SKO) competitor Navan (NASDAQ: NAVN), a US-based corporate-travel platform, highlight several key industry themes consistent with SKO commentary at its 2026 Investor Day and FY26 results.These themes appear broadly supportive of SKO’s medium-term growth initiatives.That said, the recent announcements also highlight the pace of innovation and intensity of competition among AI-enabled travel-technology providers.

Serko Ltd

Serko Incumbents Checking Out?