Vista cash burn at lower end of guidance

Vista cash burn at lower end of guidance
Vista chief executive Kimbal Riley says cinema reopenings will take a while to translate into cash.
Jenny Ruth
Vista Group said its monthly cash burn through the first four months of the year is tracking towards the bottom of its expected $3 million to $4m range.While cinemas around the world are reopening, "we anticipate the effects of cinema reopening will take a little while to flow into our overall cash collection efforts," chief executive Kimbal Riley told the annual shareholders' meeting.He said 74% of theatres in the United States and 67% in Europe, the Middle East and Africa were now open again."Over 80% of our business comes...

More Markets

NZ sharemarket ends short week up 0.4%
Markets Market Close

NZ sharemarket ends short week up 0.4%

The S&P/NZX 50 Index closed at 12,902.19, up 57.6 points or 0.45%.

Graham Skellern 07 Feb 2025
Updated: Manawa shares sag with Contact deal odds
Finance

Updated: Manawa shares sag with Contact deal odds

Forsyth Barr analysts said chances are now 50/50. 

Pattrick Smellie 07 Feb 2025
Updated: Fletcher says no change to NZICC date
Markets

Updated: Fletcher says no change to NZICC date

Both SkyCity and Fletcher Building say they are not to blame for the NZICC delay.

Dileepa Fonseka 07 Feb 2025