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16 Feb 2026 15:04
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  •   Home > News > Business

    Strong signs of economic turnaround from the latest half-year results

    Strong signs of economic turnaround from the latest half-year results


    Energy company Contact, courier company Freightways and dairy producer a2 Milk have all announced results this morning.

    Contact's recorded a 44-percent rise in net profit - and has gone into a trading halt while it begins a major capital raise to fund more renewable energy projects.

    a2 Milk's profits are up over 9 percent - above expectations.

    And Freightways is up 17-percent, as it benefits from the improving economy.

    © 2026 Newstalk ZB, NZCity

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     16 Feb: Retailers remain cautious despite a bump in card spending over the New Year period
     16 Feb: The Prime Minster says he's proud of the India Free Trade Agreement and isn't phased by Labour's raised red flags
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     Today's News

    Environment:
    Raw sewage is once again being pumped into the sea close to Wellington's southern shoreline, as heavy rain lashes the capital 14:57

    Business:
    More evidence of an improving economy - from the amount of freight hitting our roads 14:07

    Politics:
    Who has most access to the top? What 5 years of transport ministers’ diaries reveal 14:07

    Business:
    Potential for cost-cutting in the 1.8 billion dollar Interislander replacement plan 13:47

    Business:
    The housing market may be yet to turn a corner 13:27

    Business:
    Retailers remain cautious despite a bump in card spending over the New Year period 12:47

    Law and Order:
    DNA recovered from glove found near Guthrie home that appears to match suspect's glove, FBI says 12:47

    General:
    Winter Olympics 2026: Matt Graham on dual moguls 'dad podium' as weather forces reschedule — quick hits from day nine 12:07

    Rugby League:
    Former New South Wales second rower Ryan Hoffman's welcoming a change to rugby league's representative selection criteria 11:57

    Environment:
    Firefighters have responded to more than 850 calls overnight - with severe gusts and intense downpours in the centre of the country 11:57


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