New Zealand Professional Investment Services Firm, Forsyth Barr

Forsyth Barr

New Zealand Professional Investment Services Firm

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.

Equity Bottom-Up

<ul><li>Winton (WIN) reported a soft 1H25 result, impacted by lower residential lot sales and higher operating costs as it ramps up hospitality operations.</li><li>The first residents will move into Northbrook, Wanaka in 2H25, though construction starts at other villages have been delayed.</li><li>Larger near-term hospitality losses and a slower Northbrook build-out have led us to push forecasts out by 12 months. </li></ul>

Winton (WIN) reported a soft 1H25 result, impacted by lower residential lot sales and higher operating costs as it ramps up hospitality operations.The first residents will move into Northbrook, Wanaka in 2H25, though construction starts at other villages have been delayed.Larger near-term hospitality losses and a slower Northbrook build-out have led us to push forecasts out by 12 months. 

Winton Land - 1H25—Hospitality Costs, Northbrook Delays

Winton Land Ltd

Winton Land - 1H25—Hospitality Costs, Northbrook Delays