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Spark reaffirms FY guidance, Covid-19 impact to materialize in Q4

Wednesday 22 April 2020 | 09:30 CET | News
New Zealand operator Spark has reaffirmed its FY20 guidance, following a strong first half. The operator says most Covid-19 impacts have only materialised in the final quarter of FY20, which moderates the impact of the pandemic during this financial year. For 2020, Spark expects its EBITDA to range between NZD 1.10 billion and 1.12 billion. Capex is forecast to reach NZD 370 million, with a dividend of 25 cents per share, at least 75 percent imputed.

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Categories: Mobile & Wireless
Companies: Spark
Countries: New Zealand
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