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MarketScreener Homepage  >  Equities  >  New Zealand Stock Exchange  >  The New Zealand Refining Company Limited    NZR   NZNZRE0001S9

THE NEW ZEALAND REFINING COMPANY LIMITED

(NZR)
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New Zealand Refining : Directorship change – Matthew Elliott

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06/14/2017 | 06:24pm EDT

15 June 2017

Directorship change - Matthew Howard Elliott

Refining NZ advises that it has been informed that Mr. Elliott, BP's representative on the Board, will be resigning his directorship with Refining NZ in order to move to a new role within BP.

The exact timing of Mr. Elliott's departure from the Board has not been fixed at this time, but it is expected to occur in the next few weeks. Refining NZ will update the market as soon as it becomes aware of an effective resignation date and also the identity of Mr. Elliott's replacement once processes in this regard have been concluded.

On behalf of the Board, Chairman, Simon Allen would like to thank Mr. Elliott for his contribution to Refining NZ during his 5 years on the Board.

D.M. Jensen

Chief Financial Officer / Company Secretary

Marsden Point 15 June 2017

The New Zealand Refining Company Limited published this content on 15 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 June 2017 22:24:15 UTC.


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Financials
Sales 2020 224 M 148 M 148 M
Net income 2020 -213 M -140 M -140 M
Net Debt 2020 256 M 169 M 169 M
P/E ratio 2020 -0,84x
Yield 2020 -
Capitalization 178 M 118 M 117 M
EV / Sales 2020 1,93x
EV / Sales 2021 1,87x
Nbr of Employees 500
Free-Float 56,9%
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Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 1,09 NZD
Last Close Price 0,57 NZD
Spread / Highest target 142%
Spread / Average Target 91,2%
Spread / Lowest Target 40,4%
EPS Revisions
Managers
NameTitle
Naomi James Chief Executive Officer
Simon Christopher Allen Chairman
Jack Stewart Chief Operating Officer
Denise M. Jensen Chief Financial Officer & Secretary
Robin Baxter Engineering Manager