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General

Spark FY revenues, earnings dip 1%

Thursday 18 August 2016 | 11:14 CET | News
Spark New Zealand said that while revenues for its full year to end June went 1 percent lower year-on-year to NZD 3.49 million, its EBITDA rose 2.5 percent to NZD 986 million and its net profit before income tax lifted 6.2 percent to NZD 512 million. Spark's net profit after tax fell 1.3 percent to NZD 370 million. Capex amounted to NZD 390 million and earnings per share at 20 cents per share. Revenues jumped 11.3 percent for mobile, went up 5.4 percent for broadband and increased 13.1 percent for IT services. In the year, the company lifted its mobile share, in terms of revenue, by 1 percent

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Categories: General
Companies: Spark
Countries: New Zealand
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