Brief: NZX Posts HY Net Profit After Tax Of NZ$7.0 Million

NZX

24/08/2023 21:41

Aug 25 (Reuters) - NZX Ltd  NZX.NZ :
    * HY NET PROFIT AFTER TAX OF NZ$7.0 MILLION
    * DECLARES INTERIM DIVIDEND OF  3.0  NZ CENTS PER SHARE
    * HY  OPERATING EARNINGS  (EBITDA) WERE NZ$20.6 MILLION – UP
16.8%
    * FULL-YEAR 2023 OPERATING EARNINGS ARE EXPECTED TO BE
TOWARDS
UPPER END OF NZ$36.0 MILLION TO NZ$40.5 MILLION GUIDANCE RANGE
    * INTEND TO RELAUNCH THE S&P/NZX20 INDEX FUTURES LATER IN
2024
    * WORK PROGRESSING TO DELIVER MIDPOINT ORDERBOOK FOR LAUNCH
IN H1
2024 AND INTEND TO RELAUNCH S&P/NZX20 INDEX FUTURES LATER IN
2024
    * AT A TIME IN ECONOMIC CYCLE WHERE INTEREST RATES CONTINUE
TO
RISE, THIS HAS CREATED TAILWIND FOR DEBT MARKET ACTIVITY
    * MACROECONOMIC ENVIRONMENT CONTINUES TO CHALLENGE EQUITY
CAPITAL
RAISING AND TRADING ACTIVITY
    * NZX BOARD HAS EXTENDED MARK PETERSON’S EMPLOYMENT TERM AS
NZX
CHIEF  EXECUTIVE BEYOND APRIL 2024
    * NZX BOARD HAS APPOINTED DAME PAULA REBSTOCK AS DEPUTY
CHAIR

Further company coverage:  NZX.NZ 

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