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>Winton's (WIN) 1H24 result was soft but it came in slightly above our expectations.</li><li>Residential earnings were impacted by higher sales of lower margin built form product and operating cost increases at Northbrook with the opening of Ayrburn Farm.</li><li>While WIN continues to work through its residential pre-sales book, its initial retirement living pre-sales have been strong and we expect further momentum over the year as additional sales suites open. </li></ul>

Winton's (WIN) 1H24 result was soft but it came in slightly above our expectations.Residential earnings were impacted by higher sales of lower margin built form product and operating cost increases at Northbrook with the opening of Ayrburn Farm.While WIN continues to work through its residential pre-sales book, its initial retirement living pre-sales have been strong and we expect further momentum over the year as additional sales suites open. 

Winton Land - 1H24 Result — Developing the Pipeline

Winton Land Ltd

Winton Land - 1H24 Result — Developing the Pipeline