NZ's Vista Group hits over 5-year high on smaller loss

Vista International

27/02/2025 23:42

** Shares of Vista Group VGL.NZ rise about 6.3% to A$3.56, their highest since December 9, 2019

** Cinema technology co posts FY net loss of NZ$600,000 ($33,768.00) vs. FY net loss of NZ$13.6 million a year earlier

** Co sees FY25 total revenue between NZ$167 million and NZ$173 million

** Co upgrades long-term EBITDA margin aspiration to 33-37%, from 25-30%

** Co appoints Matt Thompson as Chief Financial Officer, replacing Matt Cawte

** Stock up 14.5% YTD, including session's moves

($1 = 1.7768 New Zealand dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com))