Spark has lowered its guidance for ebitdai, capital expenditure, and dividends for the 2025 financial year.
The telecommunications company now expects ebitdai to be in the range of $1.12 billion to $1.18b, compared to the previous guidance of $1.165b to $1.22b.
Capital expenditure guidance has also been updated to $415 million to $435m, down from $460m to $480m.
Additionally, Spark has reduced its dividend guidance from 27.5 cents per share to 25 cents per share.
The company attributed the changes to the impact of subdued economic activity in New Zealand, weak consumer spending, and business investment.
Spark also announced a review of its non-core assets and the decision to divest its shareholding in Connexa, a mobile towers business.
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