NZME predicts earning growth

Michael Boggs is hot on real estate. (Image: NZME)

Thu, 11 Apr 2024

NZME is forecasting earnings growth in 2024, supercharged by the performance of property portal OneRoof – a standout result in light of massive cutbacks in the wider New Zealand media industry.In a week that the full closure of Newshub was announced and TVNZ shows such as Sunday and Fair Go were axed, NZME – the owner of the NZ Herald, Newstalk ZB, a suite of entertainment radio brands and OneRoof – told shareholders on Thursday it was predicting growth in its earnings before interest, taxes, depreciation and amortisation (Ebi...

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