Interim results for the six months ended 31 December 2024

HALFYR
Thu, Feb 20 2025 08:45 am

SkyCity Entertainment Group Limited 2025 Interim Result
Summary of six months to 31/12/24

Reported: Net Profit After Tax: $6.1m (-$16.5m) -73.1%, 0.8cps
Underlying: Net Profit After Tax: $37.8m (-$26.8m) -41.5%, 5.0cps
Name of Listed Issuer: SkyCity Entertainment Group Limited

CONSOLIDATED OPERATING STATEMENT
Current Interim Period NZ$: Up/Down %: Previous Corresponding Period NZ$

REPORTED REVENUE (excl GST) FROM CONTINUING OPERATIONS
$422.0m: down 5.2%: $445.2m
TOTAL REPORTED REVENUE (excl GST)
$422.0m: down 5.2%: $445.2m
REPORTED NET PROFIT FROM CONTINUING OPERATIONS
$6.1m: down 73.1%: $22.5m
TOTAL REPORTED NET PROFIT
$6.1m: down 73.1%: $22.5m
EARNINGS PER SHARE (REPORTED)
0.8cps: down from 3.0cps

UNDERLYING REVENUE (excl GST)
$422.0: down 4.7%: $442.8m
UNDERLYING NET PROFIT
$37.8m: down 41.5%: $64.5m
EARNINGS PER SHARE (UNDERLYING)
5.0cps: down from 8.5cps

INTERIM DISTRIBUTION
There will be no FY25 interim dividend paid

REVISED FY25 OUTLOOK
Revise previous FY25 Underlying Group EBITDA guidance to between
$225m and $245m (previously $245m and $265m)

HALF YEAR RESULT ANNOUNCEMENT
Refer Investor Presentation - attached


Announcement PDF


Markets News

Leaders, property sector helps drive NZ stocks higher
Markets Market Close

Leaders, property sector helps drive NZ stocks higher

The S&P/NZX 50 Index was 62.33 points or 0.46% higher at 13,514.09.

Jamie Gray 03 Oct 2025
Infrastructure

Northport expansion gets green light, updated conditions

Shares in Port of Tauranga, which owns 50% of Northport, rose 2% after the news.

John Anthony 03 Oct 2025
Northport expansion gets green light, updated conditions
Economy

Govt outlines strategy to deliver Defence Capability Plan

The economy and NZ industry would be beneficiaries.

Staff reporters 03 Oct 2025
Govt outlines strategy to deliver Defence Capability Plan