Impact of Cyclone Gabrielle – Update
MARKET RELEASE
21 February 2023
Impact of Cyclone Gabrielle - Update
In our release on 16 February 2023, Bremworth Limited (NZX: BRW) advised that Cyclone Gabrielle
had impacted our Napier yarn spinning plant - with initial assessments confirming flooding at the site -
and that a further update will be provided following a detailed assessment.
Bremworth is now able to advise as follows having completed a preliminary site assessment:
• There was widespread and extensive flooding throughout the Napier plant.
• We can confirm all of our people have been contacted and are safe.
• Napier is a key plant, supplying yarn to the carpet operation and dyed fibre to the Whanganui yarn
plant and is likely to be offline for a yet to be determined, but significant, amount of time, and
while we have inventory to meet current demand, we will be switching to alternative sources.
• Representatives of our insurers have visited the plant and we have commenced appropriate
discussions.
• We will commence clean up as soon as we are able to gain full access to the site and will provide
a further update once we are able to complete a detailed assessment.
Our thoughts are also with the residents in the Hawke’s Bay and Gisborne regions who have been
impacted by Cyclone Gabrielle.
ENDS
For further information please contact:
Greg Smith
Chief Executive Officer
gregsmith@bremworth.co.nz
+64 21 711 622
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- NPH — Napier Port Holdings Limited: Update on Impact of Cyclone Gabrielle2023-02-20
“NZX RELEASE 20 FEBRUARY 2023 Update on Impact of Cyclone Gabrielle Napier Port (NZX.NPH), the freight gateway for the central and lower North Island, reopened for partial operations last Thursday, following only minor damage to port operating assets. Chief Executive Mr…”
- DGL — Delegat Group Limited: Impact of Cyclone Gabrielle (Update)2023-02-20
“Market Update – Impact of Cyclone Gabrielle We are pleased to advise that all our people in the Hawke’s Bay are safe after Cyclone Gabrielle. Our priority remains the safety and wellbeing of our employees and their families. Delegat Group would…”
- DGL — Delegat Group Limited: Impact of Cyclone Gabrielle2023-02-15
“Impact of Cyclone Gabrielle Our thoughts are with everyone affected by Cyclone Gabrielle, including our teams in Auckland and the Hawke’s Bay. Our immediate priority is to ensure the safety of our employees and their families. Our Auckland winery has remained operating th…”