SkyCity downgrades 2025 full-year guidance again

SkyCity is waiting for consumer confidence to return. (Image: NZME)

Tue, 06 May 2025

SkyCity has again downgraded its earnings guidance for the 2025 financial year, citing a continuing deterioration of market conditions. The casino company now expects earnings before interest, taxes, depreciation, and amortisation (ebitda) for the June 2025 year to fall to around 4% below the bottom of the current guidance range of $225 million to $245mThat represents guidance of around $216m. In February, SkyCity downgraded its 2025 full-year guidance from between $245m and $265m.The new guidance includes the previously announced cos...

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