New Zealand's Sky network eyes best day in two years on stronger annual profit

Sky Network Television

28/08/2026 05:49

** Shares of Sky Network SKT.NZ rise as much as 8.9% to NZ$3.66, their steepest intraday pct rise since August 9, 2024
** Stock hits its highest level since October 30, 2025 
** Telecommunications & media-service provider posts FY26 statutory NPAT of NZ$59.8 million ($35.64 million), up 190% Y/Y
** Says it will consider initiating an on-market share buyback following FY27 interim results
** SKT expects FY27 revenue of NZ$825 million to NZ$840 million, compared with NZ$826.1 million in FY26
** Co declares final dividend of 17 NZ cents per share

($1 = 1.6779 New Zealand dollars)

 (Reporting by Paridhi Minda in Bengaluru)
 ((Paridhi.Minda@thomsonreuters.com;))