Brief: Sky Network Television Declares Final Dividend Of 9 NZ Cents Per Share

Sky Network Television

24/08/2023 01:43

Aug 24 (Reuters) - SKY Network Television Ltd  SKT.NZ :
    * DECLARES A FINAL DIVIDEND OF 9 NZ CENTS PER SHARE
    * FY REVENUE GREW BY 2.4% TO NZ$754.1M
    * ADJUSTED FOR ONE-OFF ITEMS, FY NPAT WAS UP BY 15.2%
    * SEES STEEPER BUT SHORTER PERIOD OF ELEVATED CAPEX OVER 
FY24 AND
FY25
    * FY24 REVENUE GUIDANCE OF NZ$765 MILLION TO NZ$795 MILLION
    * FY24 NPAT GUIDANCE OF NZ$45 MILLION TO NZ$55 MILLION
    * FY24 CAPEX GUIDANCE OF NZ$75 MILLION TO NZ$90 MILLION
    * SEES EBITDA MARGIN OF 21-23% BY FY26
    * SEES REVENUE GROWTH (CAGR) OF +3-4% P.A BY FY26-END
    * SEES DOUBLE THE FY23 DIVIDEND BY FY26-END
    * EXPECTING CONTINUED GROWTH IN CUSTOMERS AND REVENUES IN
FY24
    * SEES CAPEX RETURNED TO 7-9% OF REVENUE BY FY26-END
    * SKY HAS PROVIDED FY24 DIVIDEND GUIDANCE OF AT LEAST 15 NZ
CENTS
PER SHARE

Further company coverage:  SKT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))