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) FY23 result was slightly below our expectations with lower unit prices and higher costs more than offsetting better than expected gross margins.</li><li>The highlight was strong pre-sales at Northbrook Wynyard where the sales suite opened two months ago.</li><li>We view this as validation of the Northbrook concept, and with Northbrook Wanaka to begin selling in September we expect further momentum. </li></ul>

Winton's (WIN) FY23 result was slightly below our expectations with lower unit prices and higher costs more than offsetting better than expected gross margins.The highlight was strong pre-sales at Northbrook Wynyard where the sales suite opened two months ago.We view this as validation of the Northbrook concept, and with Northbrook Wanaka to begin selling in September we expect further momentum. 

Winton Land - FY23 Result — Northbrook Momentum Building

Winton Land Ltd

Winton Land - FY23 Result — Northbrook Momentum Building