Revenue and profits were up for many New Zealand companies involved in energy, logistics, automotive, construction, agriculture and forestry sectors in this years 2014 Deloitte Top 200 list.
Dairy giant Fonterra was number one on the Deloitte Top 200 with a revenue of $22.5 billion an increase of 19.5%, while Fletcher Building at number two saw a 1.3% decrease in revenue to $8,427 billion.
Fonterra however saw a whopping 75.7% decrease in net profit after tax (NPAT) to $179 million while Fletcher Building had a small increase of 4.2% in NPAT to $351 million.
At number six on the list, Air New Zealand saw its revenue grow 1.2% to $4.707 billion, but its NPAT grew 44% to $262 million, while at number eight Z Energy dipped 5.5% to $3.366 billion of revenue followed by BP NZ at number nine on $3.320 billion, an increase of 7.9%.
NPAT for Z Energy dropped 31% to $95 million while BP NZ enjoyed a small increase of 1.9% to $102 million.
Fulton Hogan at number 10 on the Top 200 list saw an 18.4% increase in revenue to $3.203 billion, while at number 11, Exxon Mobil enjoyed a 11.9% increase in revenue to 2.864 billion.
It must be said that Fulton Hogan had a stunning return to profitability with a increase of 1116% in NPAT – it reported a figure of $96.5 million. But equally so did Exxon Mobil with a 2002% increase in NPAT to $43 million.
Further down the list at number 16, utilities company Infratil reported revenue of $2.450 billion and a NPAT of $274.6 million which was a 256% improvement year on year.
At number 20 on the list international logistics company Mainfreight had a small 2.1% increase in revenue to $1.924 billion but NPAT increases 36% to $89 million.
Downer at number 27 on the Top 200 list saw a modest 3.1% increase in revenue to $1.260 billion but a 41.8% increase in NPAT to $43 million.
Toyota New Zealand was the highest placed automotive distributor on the Top 200 list at number 35 with a 7.5% increase in revenue to $986 million and an NPAT of $5 million a 111% year on year increase.
Deloitte used each company’s financial year in compiling the list, and therefore different periods apply when comparing companies’ performance.
