Brief: Spark New Zealand Announces Total FY22 Dividend Of 25 NZ Cents Per Share

Spark New Zealand

23/08/2022 21:41

Aug 24 (Reuters) - Spark New Zealand Ltd  SPK.NZ :
    * TOTAL FY22 DIVIDEND OF 25 NZ CENTS PER SHARE, 100% IMPUTED
    * SEES FY23 EBITDAI NZ$1,185-NZ$1,225 MILLION (EX GAIN ON
SALE FOR
TOWERCO TRANSACTION)
    * FY REVENUE INCREASED 3.5% TO NZ$3,720 MILLION
    * GUIDING TO AN FY23 TOTAL DIVIDEND OF 27 NZ CENTS PER
SHARE, 100%
IMPUTED
    * SEES FY23 CAPITAL EXPENDITURE (EXCLUDING SPECTRUM) ABOUT
NZ$410
MILLION
    * FY NPAT INCREASED 7.6% TO NZ$410 MILLION
    * REMAINS CONFIDENT IN ACHIEVING ITS FY23 FREE CASH FLOW
ASPIRATION OF ABOUT NZ$460-NZ$500 MILLION
    * FOR BROADBAND BASE, ON TRACK TO DELIVER FY23 TARGET OF 30%
OF
CUSTOMERS ON WIRELESS, REACHING 28% BY END OF FY

Further company coverage:  SPK.NZ 

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