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In This Article: Release Date: February 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Negative Points Q & A Highlights Q : Rhys, regarding New Zealand pre-sales activity, how long does it typically take for these to come through, and what does the recovery look like? A : We've seen specific examples where large orders are placed, indicating a recovery starting from March. It's patchy but real, with some clients having orders for six to eight months.
However, smaller clients in Auckland and Christchurch are still affected by high interest rates..