NZME has clarified its guidance for advertising revenue in the fourth quarter of the 2024 financial year.
In a statement released on November 11, the company said advertising revenue for the full year was expected to grow by around 5% year on year.
However, it has now clarified that this growth estimate applies specifically to the fourth quarter of FY24.
The clarification does not impact the guidance for ebitda provided in the previous announcement.
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