Chorus
Chorus was formed in 2008 and the company was listed on the NZX in 2011. Chorus is a telecommunications infrastructure company operating New Zealand’s largest fixed line fibre optic and copper cable communications networks.
The company provides an open access network which broadband providers can use to provide customers with communications products and services.
Chorus is one of the larger companies on the NZX with a market capitalisation of almost $4 billion in 2020 and is dual listed on both the NZX and ASX. The company appointed JB Rousselot as CEO in 2019.
Company Details
Registered Office:
Level 10, 1 Willis Street, Wellington 6011
Postal Address:
Level 10, 1 Willis Street, Wellington 6011
Telephone:
+64 4 896 4004
Facsimile:
n/a
Website:
www.chorus.co.nz
First Listed:
23/11/2011
Balance Date:
30 June
AGM:
08/11/2023
Directors and Executives
Mark Aue
Chief Financial Officer
Sue Bailey
Independent Non-Executive Director
Elaine Campbell
General Counsel / Company Secretary
Mark Cross
Independent Chairman
Miriam Dean
Independent Non-Executive Director
Will Irving
Independent Non-Executive Director
Murray Jordan
Independent Non-Executive Director
Kate Jorgensen
Independent Non-Executive Director
Jack Matthews
Independent Non-Executive Director
Jean-Baptiste Roussel Chief Executive Officer
Announcements
| Title | Date | Type |
|---|---|---|
| Q3 FY25 Connections Update | Tue, Apr 15 2025 08:30 am | MKTUPDTE |
| Ongoing Disclosure Notice - Neal Barclay | Wed, Apr 09 2025 08:30 am | SHINTR |
| SPH Notice - Mitsubishi UFJ Financial Group, Inc. | Tue, Mar 25 2025 08:56 am | SHINTR |
| Chorus AUD FX rate for HY25 interim dividend | Tue, Mar 25 2025 08:30 am | CORPACT |
| Investor presentation – European roadshow | Mon, Mar 24 2025 11:24 am | GENERAL |
| Commerce Commission issue draft copper deregulation report | Wed, Mar 12 2025 09:32 am | MKTUPDTE |
| Ongoing Disclosure Notice - Will Irving | Tue, Mar 04 2025 08:30 am | SHINTR |
| Chorus confirms new field service company agreements | Fri, Feb 28 2025 08:31 am | GENERAL |
| Chorus half year result | Mon, Feb 24 2025 08:30 am | HALFYR |
| Q2 FY25 Connections Update | Wed, Jan 22 2025 08:30 am | MKTUPDTE |
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 28/08/23 | The Vanguard Group, Inc. | 21,804,188 | 4.80 | 5.01 |
| 06/06/23 | L1 Capital Pty Limited | 36,463,390 | 8.16 | 8.34 |
| 23/02/23 | Mitsubishi UFJ Financial Group, Inc | 22,196,561 | 5.00 | 5.01 |
| 15/12/22 | UniSuper Limited as trustee for Uni | 37,948,874 | 7.51 | 8.53 |
| 28/09/22 | Mitsubishi UFJ Financial Group, Inc | 22,457,229 | 4.99 | 5.03 |
| 08/09/21 | BNP PARIBAS SA (“BNPP SA”) and its | 856,064 | 5.95 | 0.19 |
| 30/08/21 | Commonwealth Bank of Australia | 22,330,536 | 5.05 | 5.00 |
| 25/03/20 | Morgan Stanley and its Subsidiaries | 19,276,728 | 5.20 | 4.34 |
| 09/03/20 | Mitsubishi UFJ Financial Group, Inc | 23,235,432 | 4.85 | 5.24 |
| 18/10/19 | Accident Compensation Corporation | 22,010,905 | 5.01 | 4.96 |
| 19/11/18 | Allan Gray Australia Pty Ltd and it | 21,539,771 | 5.56 | 4.94 |
| 29/11/17 | Macquarie Group Limited | 20,997,201 | 5.65 | 4.94 |
Director’s Interests Announcements
| Date | Name | No. Held | % | Details | Other |
|---|---|---|---|---|---|
| 01/11/23 | Susan Michelle Bailey | 50,000 | - | - | - |
| 28/09/23 | Miriam Rose Dean | 10,000 | - | - | - |
| 23/02/23 | William Alexander King | 30,000 | - | - | - |
| 03/11/22 | Jean-Baptiste Rousselot | 41,968 | - | - | - |
| 03/11/22 | Andrew Carroll | 109,011 | - | - | - |
| 13/10/22 | Jack Matthews | 19,881 | - | - | - |
| 13/10/22 | Murray Peter Jordan | 124,010 | - | - | - |
| 13/10/22 | Andrew Mark Cross | 30,711 | - | - | - |
| 13/10/22 | Elaine Campbell | 15,205 | - | - | - |
| 14/10/21 | Kate Louise Jorgensen | 12,975 | - | - | - |
| 14/10/21 | Prudence Mary Flacks | 44,234 | - | - | - |
| 15/12/20 | Dr Patrick Clifford Str | 51,000 | - | - | - |
| 25/10/19 | Kathryn McKenzie | 65,862 | - | - | - |
| 11/10/19 | Anne June Urlwin | 20,394 | - | - | - |
| 06/03/19 | Lyndal Jane York | 1,000 | - | - | - |
| 24/10/17 | Keith Sharman Turner | 6,616 | - | - | - |
| 06/10/17 | Vanessa Oakley | 27,666 | - | - | - |
| 07/10/16 | Mark Adrian Ratcliffe | 152,467 | 0.04 | - | - |
| 07/10/16 | Clayton Wakefield | 21,752 | 0.01 | - | - |
Analysts’ Forecasts
| profit2021 | profit2022 | eps2021 | dps2021 | sales2021 | ebit2021 | ebitda2021 | |
|---|---|---|---|---|---|---|---|
| mean | 28.3 | 6.5 | 47.5 | 1,017.6 | 246.5 | 692.0 | |
| high | 28.3 | 6.5 | 47.5 | 1,017.6 | 246.5 | 692.0 | |
| low | 28.3 | 6.5 | 47.5 | 1,017.6 | 246.5 | 692.0 | |
| sample | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes
only. Details are believed to be accurate but no warranty is given as to
accuracy, timeliness, reliability or completeness. No person should rely on
the contents of the report and all persons should obtain independent
professional advice before acting on any information connected with or
contained in this report.
Last
Updated: 10/10/2023
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