Vocus NZ sales, earnings soar on CallPlus acquisition

Tue, 23 Aug 2016

By Paul McBeth Aug. 23 (BusinessDesk) - Vocus Communications more than doubled annual revenue and earnings in New Zealand, bolstered by the addition of CallPlus when the trans-Tasman telecommunications group merged with M2 Group. The Sydney-based company's New Zealand operations generated earnings before interest, tax, depreciation and amortisation of A$25.2 million in the year ended June 30 on revenue of A$145.5 million, it said in a statement. That compares to ebitda of A$9.4 million on sales of A$50.7 million a year earlier, prior to...

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