NZX upbeat about FY, extends CEO's term

NZX chief executive Mark Peterson. (Image: NZX)

Fri, 25 Aug 2023

Stock exchange operator NZX said operating earnings gained in the six months to June 30, despite difficult trading conditions, while its net profit fell due to increased amortisation charges.NZX’s operating operating earnings of $20 million for the six months were up 15% on the previous comparable period.Excluding acquisition, integration and integration costs, group operating earnings were $20.6m – up 16.8%.Net profit was $7.0m, down 5.6%. For the full year, NZX said it expected operating earnings to be towards the upper...

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