Methven - Latest News [Page 2]

Methven Focuses on Future Growth

Thursday, 19 July 2012, 12:04 pm | Methven

Leading New Zealand shower and tapware designer Methven Limited [MVN], today announced that despite the tough global economic conditions, the company is targeting positive earnings and cashflow growth. More >>

New Director For Methven

Friday, 25 May 2012, 10:47 am | Methven

Leading New Zealand shower and tapware designer Methven Limited [MVN], has appointed Mrs Alison Taylor to the Board as an Independent Director. More >>

Methven Appoints New Director

Thursday, 24 May 2012, 6:16 pm | Methven

Leading New Zealand shower and tapware designer Methven Limited [MVN], has appointed Mrs Alison Taylor to the Board as an Independent Director. Mrs Taylor, Chief Operating Officer of Griffins Foods Limited, one of New Zealand’s largest branded food companies, ... More >>

Methven Warranty on Superior Products

Wednesday, 12 October 2011, 1:53 pm | Methven

As Methven celebrates its 125 year anniversary, we are proud to announce the launch of our new 20-year* warranty on all Methven branded tapware and shower products. More >>

Methven Predicts Major Profit Lift in Difficult Climate

Friday, 22 July 2011, 12:29 pm | Methven

Luxury shower and tapware designer Methven announced today a positive forecast, despite the difficult economic climate, citing encouraging progress in the turnaround of its UK division and improving operational efficiency. More >>

Interim Results Demonstrate Earnings Resilience

Monday, 29 November 2010, 10:11 am | Methven

Methven Group achieved all half year targets despite mixed trading conditions, delivering a modest lift in interim profit and a much better net debt position than indicated in the July 2010 market guidance. More >>

New Ultra-Low flow shower wins award

Wednesday, 6 October 2010, 10:15 am | Methven

Methven has released a new proprietary low flow shower specifically designed to address key water and energy saving and guest satisfaction requirements from commercial property operators, including international hotels, schools, gyms, hospitals and other high ... More >>

Methven Fined

Monday, 4 October 2010, 5:37 pm | Methven

Methven was fined $50,000 and court costs of $1,200 at a sentencing hearing today (4 October) in the Waitakere District Court after earlier admitting nine charges of breaching the Fair Trading Act. More >>

Methven Forecasts Reasonable Lift in Yearly Profit

Thursday, 22 July 2010, 2:02 pm | Methven

Luxury showerware designer and international marketer, Methven, is targeting a reasonable lift in Net Profit for the year ending 31 March 2011, Net Debt to be in line with prior year at around $17.4 million, cash flows to remain healthy and dividends to ... More >>

Methven 2009-10 Results Close to Target

Monday, 31 May 2010, 10:26 am | Methven

Group NPAT result down 17.5% before impairment (market guidance previously indicated NPAT would drop 15-20%) Group NPAT down 22.2% from $10.1m to $7.8m after impairment Net Debt down 35.0% from $26.8m to $17.4m comfortably within guidance of 30-35% ... More >>

Methven Brings New Luxury to Hotel Guests

Tuesday, 25 May 2010, 9:52 am | Methven

Methven is growing sales in the international hotel sector with a unique patented technology package, tailored to the hotel bathroom space.     It has acquired the exclusive licence for Jemflo bathroom technology which balances water temperature ... More >>

Methven’s Shower Infusions Win Coveted Red Dot

Thursday, 11 March 2010, 10:32 am | Methven

Methven, the designer and marketer of internationally acclaimed Satinjet showerware, has won a highly prized Red Dot Product Design Award at the 2010 competition in Germany, this time for Methven Shower Infusions, a world first which turns an ordinary shower ... More >>

Methven Group Interim Results Outperform Guidance

Monday, 30 November 2009, 11:47 am | Methven

Performance Summary * Methven Group outperforms half year guidance * Net Debt down 47.4% from $35.0M to $18.3M, better than 30% forecast reduction * Underlying NPAT down 3.2% on prior corresponding period from $4.3M to $4.2M (reported NPAT down 15.4% ... More >>

Methven Forecast 2009-10

Thursday, 30 July 2009, 10:15 am | Methven

Leading bathroomware designer and marketer, Methven, expects Net Profit to be down by 15-20 per cent for 2009-10 as trading conditions in the UK worsen but is also forecasting a 20 per cent reduction in Net Debt for the year and continued strong ... More >>

Commerce Commission Decision to Prosecute

Monday, 6 July 2009, 12:10 pm | Methven

The Commerce Commission today advised that it intended to prosecute Methven under the Fair Trading Act for allegedly making misleading claims in advertising for its Satinjet twin jet showerware technology. More >>

Methven Maintains Record of Profitable Growth

Wednesday, 27 May 2009, 10:42 am | Methven

·                Group NPAT up 3.1% from $9.8m to $10.1m in line with H/Y guidance More >>

Methven still targeting growth in 2008-09

Tuesday, 29 July 2008, 12:31 am | Methven

Methven has told shareholders at today’s (29 July) Annual Meeting that the world class shower and tapware designer and manufacturer was still targeting earnings growth in 2008-09 despite testing trading conditions in all key markets. More >>

NZX and Media Statement

Tuesday, 1 July 2008, 12:14 am | Methven

Methven, the NZX listed designer and international marketer of proprietary shower and tapware, has announced its intention to appoint Phil Lough as its new Chairman to oversee the next phase of its global growth strategy. More >>

Methven Profit Surges on back of UK Acquisition

Wednesday, 28 May 2008, 10:02 am | Methven

·           Group NPAT up 27.7% to $9.8m from $7.6m (up 36.6% to $10.5 million from $7.7m excl. amortisation) in line with H/Y guidance More >>

Ultimate Shower Wins Innovative Award

Friday, 28 March 2008, 10:03 am | Methven

Methven, the 122 year old New Zealand company that is transforming a simple shower into the ultimate at-home spa experience, has won the Innovative Company of the Year title at the TelstraClear Trans-Tasman Business Awards. More >>