NZX says operating earnings will reach top of guidance

NZX says operating earnings will reach top of guidance
Jenny Ruth
NZX now expects operating earnings for calendar 2019 to come in at the top of its guidance range reflecting increased capital raisings, one-off revenue from its data and insights operations and consulting revenue from energy contracts. The stock exchange operator said earnings before interest, tax, depreciation and amortization should be "around the top" of its $28 million to $31 million guidance. "The guidance is subject to market outcomes. It assumes no material adverse events, significant one-off expenses or major accounting adjustment...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024