NZME financial results: $54.2m in earnings

(Image: NZME)

Wed, 26 Feb 2025

NZ Herald and BusinessDesk publisher NZME posted earnings of $54.2 million on Wednesday and a post-tax loss of $16m after a non-cash impairment of intangible assets – and says it is considering separating its property brand OneRoof into an entirely new business.The company also says 2025 has started more positively, with anticipated advertising revenue growth of 4% in the first quarter.Its earnings for 2024 are in line with its earlier updated guidance of $53m-$55m. The post-tax loss follows a $24m non-cash impairment of intangible a...

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