Sky predicts revenue and earnings fall for FY20

Victoria Young
Mon, 18 Nov 2019

Sky Network Television is expecting lower annual revenue than last year at $750-$770 million, and earnings before interest, tax, depreciation and amortisation of $170-$190 million for the financial year 2020, after a management review. The lower end of the revenue guidance is 5.6 percent lower than the $795 million it posted for the 12 months to June 30 2019. The 2019 income figure was a 6.8 percent decrease from 2018. Last year Sky’s net loss was $607.8 million, after substantial write-downs, and the company canned its dividend for t...
MARKET CLOSE: NZ shares flat as tech rally balances covid fears
Dan Brunskill | Thu, 13 Aug 2020

New Zealand shares edged higher as gains in local software companies spurred on by Wall Street's tech rally just offset the general malaise of the latest covid-19 lockdown.  The S&P/NZX 50 Index ro...

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PATTRICK SMELLIE: Covid's other resurgence: rumour, conspiracies and doubt
Pattrick Smellie | Thu, 13 Aug 2020

With the re-emergence of covid-19 community transmission and the sudden return to higher lockdown alert levels, the arguments that dominated the first period of lockdown are re-emerging too. The so...

No plans to list on ASX, but Ryman may ask shareholders to reinvest divs
Paul McBeth | Thu, 13 Aug 2020

Ryman Healthcare is keen on pursuing growth across the Tasman but isn’t considering listing there, although it is mulling over whether to suggest shareholders might like to reinvest their dividends....

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