Cloud, security a growth engine for Spark

Wed, 26 Aug 2020

Spark New Zealand has high hopes for its cloud, security and service management business where it generated double-digit sales growth. That’s against a backdrop of a cyber attack prompting NZX to halt trading last night, a high-profile reminder of the importance of cyber security. Spark said net profit rose to $427 million in the 12 months ended June 30, from $409 million a year earlier. It lifted revenue 2.5 percent to $3.62 billion, ending two years of a largely flat top line. That revenue growth was underpinned by a 10.8 percent lif...

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