News in Brief

News in Brief
Leadership changes at Entain NZ
News in Brief

Leadership changes at Entain NZ

Entain, the offshore company that operates the TAB, has appointed a new managing director of its New Zealand operations.Sam Moncur, Entain Australia and NZ’s deputy chief financial officer, will assume the role on March 8. He will also become Entain’s Australia and NZ’s CFO.Entai...

Staff reporters 21 Feb 2025
Sky TV takes a financial hit
News in Brief

Sky TV takes a financial hit

Sky Network Television reported a net loss after tax of $1.7 million in what it has been described as a “challenging” and “difficult” six months, with the broadcaster's attention focused on moving its customers to a new satellite because of the ailing Optus D2 satellite.The p...

Staff reporters 21 Feb 2025
Spark lowers FY guidance
News in Brief

Spark lowers FY guidance

Spark has reported a 78% fall in net profit to $35 million in the first half of its 2025 financial year and reduced its full-year operating earnings guidance. However, it has maintained its full-year dividend guidance.A cost-cutting drive is set to intensify, implying more job cu...

Staff reporters 21 Feb 2025
Fonterra says FY earnings will be in 'upper half' of range
News in Brief

Fonterra says FY earnings will be in 'upper half' of range

Fonterra Co-operative Group is more optimistic about its full-year earnings and has lifted its forecast milk collection.The dairy giant said its forecast earnings for the current financial year will be in the "upper half" of the 40-60 cent range per share.Preliminary results show...

Rebecca Howard 21 Feb 2025