'Strong performance across all business lines': NZX raises earnings guidance

ETF provider Smart is benefitting from ongoing growth, NZX said. (Image: File)

Mon, 14 Oct 2024

September capital raises and growth in passive investing have pushed up NZX’s earnings guidance. NZX Limited said Monday that it expects full-year 2024 operating earnings before interest, taxes, depreciation, and amortisation (Ebitda) to be between $45 million and $49m. The middle range is 10.6% higher than the $40m to $44.5m guidance provided in the company’s half-year results to June 30, declared in August.Operating Ebitda, which excludes integration and restructuring costs, was $40.1m in the 2023 financial year.If...

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