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MarketScreener Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  New Zealand Refining Company Ltd    NZR   NZNZRE0001S9

NEW ZEALAND REFINING COMPANY LTD

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New Zealand Refining : Refining awards scholarships to Bream Bay students

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11/04/2019 | 10:55pm EST

5 November 2019

Media Release

Refinery awards scholarships to Bream Bay students

Refining NZ has awarded talented Bream Bay College students, Conor Hall and Mason Potich full scholarships for the duration of their undergraduate studies.

Communications Manager, Greg McNeill said that as a proud contributor to the Ruakaka community the Refinery was thrilled to support talented Northlanders enrolled in STEM related subjects (Science, Technology, Engineering, Maths), to reach their educational and environmental aspirations.

"The studies our Refining NZ scholars are undertaking will be essential to the future of New Zealand industry, including the refinery, particularly as the country moves towards a low carbon economy."

This is the third year tertiary scholarships have been awarded to Refining NZ scholars and are intended to help future leaders reach their full potential. Both Conor and Mason are enrolled for Bachelor of Science degrees starting next March.

"We have every faith in the ability of these two young men to continue to work hard, to learn, and to plug that learning into a sustainable future for Northland. We are delighted to be helping them with the next step of their educational journey."

ENDS

For further information: Greg McNeill greg.mcneill@refiningnz.com021 873623

Disclaimer

The New Zealand Refining Company Limited published this content on 05 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2019 03:54:01 UTC

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Financials (NZD)
Sales 2019 364 M
EBIT 2019 32,2 M
Net income 2019 17,6 M
Debt 2019 238 M
Yield 2019 4,84%
P/E ratio 2019 33,7x
P/E ratio 2020 8,96x
EV / Sales2019 2,28x
EV / Sales2020 2,17x
Capitalization 593 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 2,17  NZD
Last Close Price 1,90  NZD
Spread / Highest target 37,4%
Spread / Average Target 14,2%
Spread / Lowest Target 0,00%
EPS Revisions
Managers
NameTitle
Michael Fuge Chief Executive Officer
Simon Christopher Allen Chairman
Denise M. Jensen Chief Financial Officer & Secretary
Robin Baxter Engineering Manager
Vanessa Cynthia May Stoddart Independent Director