NZX boosts 3Q sales 13% as SuperLife purchase pays off

Thu, 29 Oct 2015

By Suze Metherell Oct. 30 (BusinessDesk) - NZX, the stock exchange operator, lifted revenue 13 percent in the third quarter, as its recently acquired fund management business, SuperLife boosted income. Sales rose to $18.6 million in the three months ended Sept. 30 from $16.5 million in the same period a year earlier, the Wellington-based company said in a statement. Of that, revenue from its funds management business surged 249 percent to $2.4 million. Year-to-date NZX's revenue is up 11 percent to $53 million in the nine months ended Sep...

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