What did Accordant Group Limited announce?
Accordant Group Limited (NZX: AGL) filed “Accordant Group FY27 Half Year results” with NZX on 27 October 2026, as a half year results announcement.
- Which company?
- Accordant Group Limited (NZX: AGL)
- When was it filed?
- 27 October 2026
- Where is the original?
- NZX announcement
Accordant Group FY27 Half Year results
Accordant Group Limited
Level 6, 51 Shortland Street, Auckland
PO Box 105 675, Auckland 1143
Tel 09 526 8770
accordant.nz
Accordant Group Limited
Level 6, 51 Shortland Street, Auckland
PO Box 105 675, Auckland 1143
Tel 09 526 8770
accordant.nz
NZX Release
28 October 2026
Accordant Group reports revenue growth for first half of FY27
• Revenue $88.5 million, up 8% on prior year
• Cash from operating activities improved to $2.8 million, up 11% on prior year
• After-tax loss of ($234k), down from ($1.1 million) on prior year
• Net bank debt $21.5 million, down from $28.5 million at 31
st
March 2026
Accordant Group Limited (NZX: AGL) today announced revenue growth of 8% for the first half of FY27
compared with the corresponding period last year, as the economy continues a mixed recovery.
Revenue from the Blue Collar segment rose by 4% to $37.1 million, while White Collar revenue grew
11% to $51.4 million. Both segments contributed to the improved group profitability.
After tax loss improved to ($234k), down from ($1.1 million) in the same period last year.
Group CEO Jason Cherrington said, “the Group’s stronger financial position this year reinforces our
continued focus on efficiency and whilst the upcoming election has created some uncertainty among
clients, our guidance provided during the capital raise earlier in the year currently remains unchanged.”
Net bank debt reduced this financial year by $7 million, to $21.5 million at 30
th
September 2026 – a
combination of the capital raise successfully completed in May and a stronger trading performance in
the first half of the year.
“Our immediate priorities remain so far as improving profitability, further reducing debt, and ensuring
the Group is positioned to realise growth in areas of the market that are more buoyant,” Cherrington
said.
ENDS
Jason Cherrington For the Board:
Group CEO Simon Bennett, Chair
For further information contact Jason Cherrington +64 21 781 389.
---
Template
Results announcement
(for Equity Security issuer/Equity and Debt Security issuer)
Updated as at March 2025
Please do not amend or delete individual rows. As this template relates to prescribed content, changes to content
should only be made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular
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NZX as required under NZX Listing Rule 3.26.1.
Results for announcement to the market
Name of issuer Accordant Group Limited
Reporting Period 6 months to 30 September 2026
Previous Reporting Period 6 months to 30 September 2025
Currency
Amount (000s) Percentage change
Revenue from continuing
operations
$88,553 7.90%
Total Revenue $88,553 7.90%
Net profit/(loss) from
continuing operations
($234) -79.14%
Total net profit/(loss) ($234) -79.14%
Interim/Final Dividend
Amount per Quoted Equity
Security
The Board has resolved not to pay an interim dividend
Imputed amount per Quoted
Equity Security
Not applicable
Record Date Not applicable
Dividend Payment Date Not applicable
Current period Prior comparable period
Net tangible assets per
Quoted Equity Security (in
dollars and cents per
security)
-$0.29524178 -$0.73236816
A brief explanation of any of
the figures above necessary
to enable the figures to be
understood
Refer to Interim Financial Statements
Authority for this announcement
Name of person
authorised
to make this announcement
Rod Hyde
Contact person for this
announcement
Rod Hyde
Contact phone number +64 9 526 8797
Contact email address Rod.hyde@accordant.nz
Date of release through MAP
28/10/2026
Unaudited financial statements accompany this announcement.
---
for the six month period
ended 30 September 2026
Interim Report
CEO’s Insights
Jason Cherrington, Group CEO
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
2
At our Annual Shareholder
Meeting in August,
I described the recovery
across our markets as
active, uneven and still
developing. At the halfway
point of FY27, that remains
an accurate assessment.
CEO’s Insights
3
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
The Group delivered revenue of $88.5 million
for the six months ended 30 September 2026,
an increase of 8% on the same period last year.
Growth was achieved across both our White
Collar and Blue Collar segments, despite
trading conditions remaining mixed.
The improvement extended beyond revenue.
Net loss after tax reduced to ($234k),
compared with a loss of ($1.1 million) in H1
FY26. Cash from operating activities increased
by 11% to $2.8 million, while net bank debt
reduced by $5.5 million compared with
September 2025 and by $7.0 million since
the end of FY26.
During the capital raise process this year
we estimated FY26 revenue of $163 million.
Actual FY26 revenue was $165 million,
exceeding that forecast.
The capital raise documentation also set an
FY27 EBITDA estimate of approximately $3.2
million. At the half-year result, EBITDA was
modestly ahead of the target for the period at
$1.8 million, indicating the Company remains
on track to deliver its FY27 objectives.
More specifically, White Collar revenue
increased by 11% to $51.4 million, compared
with $46.4 million in H1 FY26. Revenue from
temporary placements increased by 9% and
permanent placement revenue increased by
23%. The contribution from generalist roles
and demand in technology contracting has
significantly improved year on year.
Blue Collar revenue increased by 4% to $37.1
million, compared with $35.6 million in H1
FY26. Overall activity was broadly in line
with the levels reached through FY26, with
assignments and demand continuing to vary
across industries and regions.
Within the Blue Collar segment, we have
seen an increase in demand for workers
with higher and more specialised skill sets.
This is a positive development and places
greater emphasis on candidate attraction,
skills verification, training, health and safety,
and maintaining dependable pools of
appropriately qualified people.
Our scale, national reach and operating
disciplines remain important advantages in
meeting these requirements. They allow us
to respond to changing client needs while
maintaining the standards of care expected by
our clients, candidates and employees.
More broadly, New Zealand’s economic
indicators continue to present a mixed
picture. GDP increased by 0.2% in the June
2026 quarter, with nine of 16 industry groups
expanding. This indicates that activity is
gradually returning, although the recovery
remains sector specific.
Top-line growth does not mean our focus on
efficiency has eased.
The actions taken over recent years
have established a leaner operating base, but
efficiency is not a one-off exercise.
We continue to examine how our
people work, how quickly we
respond to clients and candidates,
and where technology can remove
friction without compromising
service quality.
4
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
We continue to examine how our people
work, how quickly we respond to clients and
candidates, and where technology can remove
friction without compromising service quality.
Our approach to AI remains centred on
augmentation, with appropriate human
oversight and a commitment to transparent,
ethical and responsible use. We expect
technology to continue reshaping workflows
and productivity expectations, both within
our businesses and across the organisations
we support.
We are also maintaining discipline around the
quality of revenue we pursue. Sustainable
performance requires appropriate commercial
returns, strong client relationships, rigorous
health and safety standards and consistent
candidate care. Increased market activity will
not change those principles.
The Board has unsurprisingly resolved not
to pay an interim dividend. Our immediate
priorities remain; improving profitability,
continuing to reduce debt and ensuring
the Group is positioned to capture
sustainable growth.
We expect the second half to bring both
opportunity and continued variability.
The economic recovery remains exposed
to domestic and global uncertainty, and the
election may influence the timing of some
decisions. At the same time, organisations
cannot indefinitely defer critical hiring,
transformation programmes, infrastructure
activity or the replacement of specialist
capability.
As previously announced, I will be retiring
from my role as Group Chief Executive next
year. Until then, my focus and that of my team
remains firmly on the delivery of our FY27 plan,
supporting an orderly leadership transition
and ensuring the Group continues the
progress evident in this half-year result.
I thank our clients, candidates, contractors
and temporary employees for continuing to
place their trust in us. I also thank our people
across New Zealand, whose determination,
adaptability and commitment underpin the
progress reflected in this positive result.
Jason Cherrington,
Group Chief Executive
Sustainable performance requires
appropriate commercial returns, strong
client relationships, rigorous health
and safety standards and consistent
candidate care. Increased market activity
will not change those principles.
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
5
Financial
Statements.
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
Accordant Group Limited
Statement of comprehensive income
For the six month period ended 30 September 2026 (unaudited)
GROUP
6 months to
30 September
2026
(unaudited)
6 months to
30 September
2025
(unaudited)
$’000$’000
Revenue from contracts with customers
88,54582,029
Other income
838
Direct costs
(768)(752)
Employee benefits expense
(51,502)(51,122)
Contractor costs
(29,398)(24,342)
Other operating expenses
(3,931)(3,887)
Depreciation and amortisation expense
(1,662)(2,045)
Finance costs
(1,594)(1,488)
Loss before income tax
(302)(1,569)
Tax benefit
68447
Net loss after income tax
(234)(1,122)
Other comprehensive income for the period
––
Total comprehensive income
(234)(1,122)
Earnings per share
Total basic earnings per share (cents)
(0.3)(3.3)
Total diluted earnings per share (cents)
(0.3)(3.3)
The accompanying notes to the interim financial statements form an integral part of these financial statements
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
7
Accordant Group Limited
Statement of financial position
As at 30 September 2026 (unaudited)
GROUP
30 September
2026
(unaudited)
30 September
2025
(unaudited)
31 March
2026
(audited)
$’000$’000$’000
Assets
Current assets
Cash and cash equivalents1491,058174
Trade and other receivables16,19715,02519,968
Taxation receivable110243-
Total current assets16,45616,32620,142
Non-current assets
Property, plant and equipment9921,2641,096
Right of use assets10,95610,01911,902
Other intangible assets12,71313,53813,126
Goodwill31,55331,55331,553
Total non-current assets56,21456,37457,677
Total assets72,67072,70077,819
Liabilities
Current liabilities
Trade and other payables15,30414,07717,254
Contract liabilities260182545
Provisions140172231
Lease liabilities2,0202,0212,445
Total current liabilities17,72416,45220,475
Non-current liabilities
Borrowings21,60028,00028,650
Lease liabilities10,0538,42110,239
Deferred tax liabilities579955538
Total non-current liabilities32,23237,37639,427
Total liabilities49,95653,82859,902
Net assets22,71418,87217,917
Equity
Share capital35,86830,86830,868
Treasury shares(632)(632)(632)
Group share scheme reserve311535280
Retained earnings(12,833)(11,899)(12,599)
Total equity22,71418,87217,917
For and on behalf of the Board who authorise the issue of the interim financial statements on 28 October 2026:
SIMON BENNETT RICHARD STONE
Chair Chair, Audit & Risk Committee
The accompanying notes to the interim financial statements form an integral part of these financial statements
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
8
Accordant Group Limited
Statement of changes in equity
For the six month period ended 30 September 2026 (unaudited)
GROUP
Share
capital
Treasury
shares
Group share
scheme
reserve
Retained
earnings
Total
equity
$’000$’000$’000$’000$’000
Period ended 30 September 2025
Balance as at 1 April 2025
30,868(632)487(10,777)19,946
Loss for the period
–––(1,122)(1,122)
Total comprehensive income
for the period
–––(1,122)(1,122)
Transactions with owners:
Dividends paid
–––––
Share based payments
––48–48
Total transactions with owners
––48–48
Balance as at 30 September 2025
(unaudited)
30,868(632)535(11,899)18,872
Period ended 30 September 2026
Balance as at 1 April 2026
30,868(632)280(12,599)17,917
Loss for the period
–––(234)(234)
Total comprehensive income
for the period
–––(234)(234)
Transactions with owners:
Issue of share capital
5,000–––5,000
Dividends paid
–––––
Share based payments
––31–31
Total transactions with owners
5,000-31-5,031
Balance as at 30 September 2026
(unaudited)
35,868(632)311(12,833)22,714
The accompanying notes to the interim financial statements form an integral part of these financial statements
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
9
Accordant Group Limited
Statement of cashflows
For the six month period ended 30 September 2026 (unaudited)
GROUP
6 months to
30 September
2026
(unaudited)
6 months to
30 September
2025
(unaudited)
$’000$’000
Cashflow from operating activities
Receipts from customers
92,35384,493
Payments to suppliers, contractors and employees
(87,931)(80,616)
Net cash generated from operations
4,4223,877
Interest paid on bank loans
(1,203)(1,236)
Interest paid on lease liabilities
(385)(214)
Income taxes refunded
-118
Net cash provided by operating activities
2,8342,545
Cashflow from investing activities
Proceeds from sale of property, plant and equipment
19
Purchase of property, plant and equipment
(50)(77)
Net cash used in investing activities
(49)(68)
Cashflow from financing activities
Dividends paid to shareholders of the parent
––
Proceeds from capital raise
5,000–
Net repayment of borrowings
(7,050)(3,000)
Payment of principal on lease liabilities
(760)(1,397)
Net cash used in financing activities
(2,810)(4,397)
Net decrease in cash and cash equivalents held during the period
(25)(1,920)
Cash and cash equivalents at the beginning of the period
1742,978
Cash and cash equivalents at end of the period
1491,058
The accompanying notes to the interim financial statements form an integral part of these financial statements
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
10
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
REPORTING ENTITY
Accordant Group Limited is a company limited by
shares, incorporated and domiciled in New Zealand,
registered under the Companies Act 1993, and
listed on the New Zealand Stock Exchange (NZX).
The address of its registered office and principal
place of business is disclosed in the directory to the
Annual Report. The principal services of Accordant
Group Limited (the Company), and its subsidiaries
(collectively referred to as ‘the Group’), are the
supply of temporary staff, contractor resource,
and recruitment of permanent staff.
BASIS OF PREPARATION
The interim financial statements are for
Accordant Group Limited and its subsidiaries,
and have been prepared:
• in accordance with New Zealand Generally
Accepted Accounting Practices (NZ GAAP),
IAS 34 Interim Financial Reporting, and
NZ IAS 34 Interim Financial Reporting;
• in accordance with the requirements of the
Financial Markets Conduct Act 2013, the
Companies Act 1993, and the NZX listing rules;
• on the basis of historical cost, as modified by
revaluations to fair value for certain classes
of assets and liabilities as described in the
accounting policies;
• on a going concern basis, which contemplates
continuity of normal business activities and
the realisation of assets and the settlement of
liabilities in the ordinary course of business; and
• in New Zealand dollars (which is the Group's
functional and presentation currency), with
values rounded to thousands ($000) unless
otherwise stated.
The interim financial statements were authorised
for issue by the Directors on 28 October 2026.
The interim financial statements do not include all
of the information and disclosures required in the
annual financial statements, and should be read
in conjunction with the Group's annual financial
statements for the year ended 31 March 2026.
The accounting policies used in preparation of
these financial statements are consistent with those
used in the Group’s annual financial statements
for the year ended 31 March 2026, except for the
adoption of any new standards effective as of 1 April
2026 and the early adoption of any other standard,
interpretation or amendment that has been issued
but is not yet effective.
All mandatory new standards, amendments, and
interpretations to existing standards that came into
effect during the current accounting period have
been adopted in the current year.
There are a number of new standards and
amendments to standards and interpretations that are
not yet effective for the year beginning 1 April 2026.
The Group has not early adopted any new or
amended standards and interpretations in
preparing these financial statements and does not
expect them to have a material impact on future
financial statements.
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
11
SEGMENT INFORMATION
The Chief Operating Decision Maker (CODM) is the
Group Chief Executive.
The Group has two defined Reporting Segments:
• Blue Collar Reporting Segment – AWF operates
branches under the brand names AWF (throughout
New Zealand) and Select (Dunedin), which
provide contingent labour hire associated with
infrastructure, logistics, manufacturing, technical,
and construction. The Work Collective (TWC)
provides opportunities for those who face barriers
to employment.
• White Collar Reporting Segment – The White
Collar segment provides contingent temporary
employees, contractors, permanent placement,
and executive search services.
Within the White Collar Reporting Segment are
four operating segments:
• Madison Recruitment (operating under
the brands Madison Recruitment and
Madison Force)
• Absolute IT
• JacksonStone & Partners
• Hobson Leavy
These operating segments have been aggregated
on the basis that they have similar economic
characteristics; the nature of the services offered,
the processes and customers are substantially the
same, and strategic decisions are made in
conformity over all four brands.
The corporate office function, reported as ‘Central
administration costs and director fees’, includes
costs related to governance, compliance, audit, and
Group funding. The corporate office also provides
shared services including accounting, information
technology, human resources, and marketing
expertise, however these are recovered to the
operating segments via a management fee, which
is included in the operating segment profit.
Revenue derived is incidental to the Group
activities. The corporate office function is not an
operating segment and is not part of one of the
reportable segments.
These segments have been determined on the
basis of the trading brands that operate under each;
that discrete financial information is available for
these segments; and that their operating results are
regularly reviewed by the CODM.
All revenues from external customers and non-current
assets other than financial instruments, deferred
tax assets, post employment benefits, and rights
arising under insurance contracts are attributed to the
Group’s country of domicile.
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
12
Segment revenueSegment profit
6 months
to 30
September
2026
(unaudited)
6 months
to 30
September
2025
(unaudited)
6 months to
30 September
2026
(unaudited)
6 months to
30 September
2025
(unaudited)
SEGMENT REVENUE AND RESULTS$’000$’000$’000$’000
Continuing operations
Blue Collar37,10835,585776653
White Collar51,43746,4441,703442
Total for continuing operations88,54582,0292,4791,095
Other Income838
Central administration costs and
director fees(1,195)(1,214)
Finance costs(1,594)(1,488)
Loss before income tax(302)(1,569)
Tax benefit68447
Net loss after income tax(234)(1,122)
Revenue reported above represents revenue generated from external customers. Inter-segment sales in the
period were $9,000 (2026: $25,000) and have been eliminated from the above table. Inter-segment sales
were eliminated from the originating segment. No one customer accounts for more than 10% of the Group’s
revenue (2026: no one customer accounts for more than 10% of the Group’s revenue).
The accounting policies of the reportable segments are the same as the Group’s accounting policies described
in this report.
Segment profit represents the profit earned by each segment without allocation of central administration costs
and director fees, other income, finance costs, and income tax expense. This is the same measure reported to
the CODM for the purpose of resource allocation and assessment of segment performance.
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
13
30 September
2026
(unaudited)
30 September
2025
(unaudited)
31 March
2026
(audited)
SEGMENT ASSETS
$’000$’000$’000
Continuing operations
Blue Collar
20,21319,28424,076
White Collar
47,80048,02149,014
Total segment assets
68,01367,30573,090
Unallocated assets
4,6575,3954,729
Total assets
72,67072,70077,819
For the purposes of monitoring segment performance and allocating resources between segments,
the CODM monitors the assets attributable to each segment. All assets are allocated to the reporting
segment other than cash, cash equivalents, centrally held leases, centrally held fixed assets, and tax
assets of the Company.
30 September
2026
(unaudited)
30 September
2025
(unaudited)
31 March
2026
(audited)
SEGMENT LIABILITIES$’000$’000$’000
Continuing operations
Blue Collar10,4069,35412,380
White Collar12,73312,02214,128
Total segment liabilities23,13921,37626,508
Unallocated liabilities26,81732,45233,394
Total liabilities49,95653,82859,902
For the purposes of monitoring segment performance and allocating resources between segments,
the CODM monitors the liabilities attributable to each segment. All liabilities are allocated to reportable
segments, other than borrowings, centrally held leases, and tax liabilities of the Company.
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
14
Employee
benefits
Contractor
costs
EMPLOYEE AND
CONTRACTOR COSTS
6 months to
30 September
2026
(unaudited)
$'000
6 months to
30 September
2025
(unaudited)
$'000
6 months to
30 September
2026
(unaudited)
$'000
6 months to
30 September
2025
(unaudited)
$'000
Blue Collar
32,85431,59344123
White Collar
16,47417,92329,35424,219
Unallocated
2,1741,606-–
Total
51,50251,12229,39824,342
Depreciation
and amortisation
Impairment
DEPRECIATION, AMORTISATION,
AND IMPAIRMENT
6 months to
30 September
2026
(unaudited)
$'000
6 months to
30 September
2025
(unaudited)
$'000
6 months to
30 September
2026
(unaudited)
$'000
6 months to
30 September
2025
(unaudited)
$'000
Blue Collar
537566––
White Collar
7711,400––
Unallocated
35479––
Total
1,6622,045––
Non-current
assets
Net additions to
non-current assets
NON-CURRENT ASSETS
30 September
2026
(unaudited)
$'000
30 September
2025
(unaudited)
$'000
6 months to
30 September
2026
(unaudited)
$'000
6 months to
30 September
2025
(unaudited)
$'000
Blue Collar
12,10711,091(477)24
White Collar
39,99540,729(668)1,092
Unallocated
4,1124,554(318)4,620
Total
56,21456,374(1,463)5,736
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
15
GROUP
6 months to
30 September
2026
(unaudited)
6 months to
30 September
2025
(unaudited)
REVENUE FROM CONTRACTS WITH CUSTOMERS
$’000$’000
Revenue earned on temporary placements
Blue Collar
36,36635,064
White Collar
33,58030,941
Total revenue earned on temporary placements
69,94666,005
Revenue earned on permanent placements
Blue Collar
498306
White Collar
2,7952,264
Total revenue earned on permanent placements
3,2932,570
Revenue earned on a retained basis
Blue Collar
24–
White Collar
3,3743,376
Total revenue earned on a retained basis
3,3983,376
Other service revenue
Blue Collar
220215
White Collar
11,6889,863
Total other service revenue
11,90810,078
Total revenue
88,54582,029
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
16
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
GROUP
RECONCILIATION OF NET LOSS AFTER TAX TO CASHFLOW
FROM OPERATING ACTIVITIES
6 months to
30 September
2026
(unaudited)
6 months to
30 September
2025
(unaudited)
$’000$’000
Net loss after income tax
(234)(1,122)
Adjustments for operating activities non-cash items
Depreciation and amortisation
1,6622,045
Gain on disposal of property, plant and equipment
(1)(2)
Movement in expected credit loss provision
–(22)
Movement in deferred tax
41(203)
Equity-settled share-based payments
3148
Total non-cash items
1,7331,866
Movements in working capital
Decrease in trade and other receivables
3,7712,402
Increase in trade and other payables, and contract assets
(2,326)(476)
Increase in taxation receivable
(110)(125)
Total movement in working capital
1,3351,801
Cashflow from operating activities
2,8342,545
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
17
DIVIDENDS
Prior year interim dividend
On 10 November 2025 the Directors resolved not
to declare an interim dividend for the period ended
30 September 2025.
Prior year final dividend
On 28 May 2026 the Directors resolved not to declare
a final dividend for the year ended 31 March 2026.
SUBSEQUENT EVENT
On 28 October 2026 the Directors resolved not to
declare an interim dividend for the period ended
30 September 2026.
FINANCIAL INSTRUMENTS
The carrying amount of financial instruments at
balance date approximate the fair value at that date.
CONTINGENT LIABILITIES
ASB Bank Limited has issued five (2026: six)
guarantees on behalf of the Group totalling $529,955
(2026: $756,097) in support of four property leases
(2026: five) and a surety bond to the NZX.
The Group has no other contingent assets or
liabilities at 30 September 2026 (2026: $Nil).
EVENTS AFTER THE REPORTING DATE
There were no other material events subsequent
to reporting date.
Accordant Group Limited
Notes to the interim financial statements
For the six month period ended 30 September 2026 (unaudited)
FINANCIAL STATEMENTSACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
18
Registered Office
Level 6, 51 Shortland Street
Auckland 1010
Ph: +64 9 526 8770
Mailing address
PO Box 105 675
Auckland 1143
Directors
Simon Bennett (Chairman and Independent Director)
Simon Hull (Non-independent Director)
Richard Stone (Independent Director)
Auditor
Deloitte Limited
Deloitte Centre
L15-20, 1 Queen Street
Private Bag 115033
Auckland 1140
Phone: +64 9 303 0700
Fax: +64 9 309 4947
ACCORDANT GROUP INTERIM REPORT 30 SEPTEMBER 2026
Solicitors
MinterEllisonRuddWatts
PwC Tower
15 Customs Street West
PO Box 105 249
Auckland 1143
New Zealand
DX CP24061
Phone: +64 9 353 9700
Fax: +64 9 353 9701
Share Registry
MUFG Corporate Markets
PwC Tower
L30, 15 Customs Street West
Auckland 1010
New Zealand
PO Box 91976
Ph: +64 9 375 5998
19
Directory.
Registered Office of
Accordant Group Limited
Level 6, 51 Shortland St
PO Box 105 675
Auckland 1143
Ph: 09 526 8770
accordant.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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