Spark paving the way for margin-focused future

Spark paving the way for margin-focused future
Spark CEO Jolie Hodson says investment in high tech will pay off in the long run. (Image: NZME)
Ben Moore
Just six months into a three-year strategy, Spark’s latest half-year results reflect a period of laying the groundwork for the years ahead.Compared to the first half of the prior financial year, adjusted revenue was slightly up by 3.9%, and profit was slightly down by 4.8%.While the numbers are not overly flattering, the telco and digital tech services company is focusing its investment on the areas where it can capture greater margins.The two areas this is most notable are mobile data and high tech.Chief executive Jolie Hodson said...

More Markets

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025
Smart CEO Anna Scott resigns
Markets

Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Staff reporters 02 Jul 2025
Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

Riley Kennedy 02 Jul 2025