Directory
| NZX code: |
ARG
|
| Short name: |
Argosy Property
|
| Legal name: |
Argosy Property Limited
|
| Industry sector: | Property |
| NZX50 rank: | [no data] |
| Head office: |
39 Market Place, Auckland Central, Auckland 1010
|
| Chairman: |
Jeff Morrison
|
| Chief executive: |
Peter Mence
|
| Financial year ended: |
March
|
| Locations: | New Zealand |
| Auditor: |
Deloitte
|
| Bankers: |
ANZ, BNZ, HSBC, CBA, Westpac NZ
|
Argosy Property
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Financial Data
A. Recent trading and performance summary
| Total revenue | NPAT | Earnings per share | |
|---|---|---|---|
| mln | mln | cents | |
| 2018 | 102 | 98 | 12 |
| 2019 | 107 | 134 | 16 |
| 2020 | 101 | 119 | 14 |
| 2021 | 111 | 241 | 29 |
| 2022 | 113 | 236 | 28 |
| 2023 | 124 | 223 | -10 |
| 2024 | 117 | 126 | -6 |
| 2025 | 117 | 246 | 15 |
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B. Recent financial position summary
| Total assets | Total Liabilities | Equity ratio | |
|---|---|---|---|
| bln | mln | % | |
| 2018 | 1.5 | 618 | 60 |
| 2019 | 1.7 | 666 | 60 |
| 2020 | 1.9 | 854 | 56 |
| 2021 | 2.2 | 876 | 59 |
| 2022 | 2.3 | 819 | 64 |
| 2023 | 2.2 | 877 | 61 |
| 2024 | 2.1 | 840 | 60 |
| 2025 | 2.2 | 854 | 62 |
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C. Recent cash flows and positions
| Cash inflows | Cash outflows | Cash and equiv. at year end | |
|---|---|---|---|
| mln | mln | mln | |
| 2018 | 62 | 62 | 1.3 |
| 2019 | 67 | 66 | 2.2 |
| 2020 | 141 | 142 | 1.9 |
| 2021 | 88 | 89 | 1.8 |
| 2022 | 104 | 104 | 1.7 |
| 2023 | 139 | 4 | 2.1 |
| 2024 | 80 | -80 | 1.8 |
| 2025 | 59 | -59 | 1.4 |
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D. Recent key ratio analysis
| Earnings per share | Price:Earnings ratio | NTA/share | Dividend yield | |
|---|---|---|---|---|
| cents | annual avg | dollars | annual avg % | |
| 2018 | 12 | 14 | 1 | 4 |
| 2019 | 16 | 12 | 1 | 3 |
| 2020 | 14 | 14 | 1 | 3 |
| 2021 | 29 | 10 | 2 | 2 |
| 2022 | 28 | 5 | 2 | 5 |
| 2023 | 0 | 0 | 2 | 6 |
| 2024 | 0 | -16 | 2 | 7 |
| 2025 | 15 | 15 | 2 | 7 |
Select metric
Description of trading activities
Argosy Property is a New Zealand property investment company. They own a portfolio of quality industrial, office and retail properties. Argosy currently has a total over 150 tenants, 54 different properties, and a $2.1 billion dollar portfolio.
CEO profile
Peter Mence is the Chief Executive Officer of Argosy Property. An engineer by background and has over 40 years of experience in the property industry. Mence is a fellow of the property institute and is a past lecturer in Advanced Property Management at the University of Auckland. Mence is also a past President of the Property Council of New Zealand, currently a Trustee of Saint Andrews Village, and the New Zealand Sailing Trust. In 2013, Mence was honoured with the Stuart McIntosh award in recognition of his contribution to the University of Auckland.
Chairman profile
Jeff Morrison has 40 years of experience as a Property lawyer, 29 of them as a Partner for Russell McVeagh, now practicing on his own account. Mr Morrison is a trustee of the Spirit of Adventure and other Charitable trusts and holds many different private company directorships. Morrison is a qualified lawyer with a Bachelor of Laws degree from The University of Auckland. Morrison is also a member of the Institution of Directors in New Zealand.
Links
| Company website: | https://www.argosy.co.nz/ |
| Investor information: | https://www.argosy.co.nz/investor-centre |
| NZX listing: | https://www.nzx.com/companies/ARG |
| Annual reports: | https://www.argosy.co.nz/investor-centre/reports-and-presentations |