Spark NZ Likely to Show Some Improvement in FY 2025 -- Market Talk

Dow Jones
2025/02/14

0037 GMT - For Spark NZ, this year likely won't be as bad as 2024, which included two downgrades to its guidance. Still, Forsyth Barr says the New Zealand telco's improvement will be driven by cost savings rather than revenue growth. Analyst Aaron Ibbotson expects Spark NZ's cash flow generation will be positive again, partly due to big cut in capex. But while its free cash flow is improving, it won't cover its dividend in FY 2025, Forsyth Barr says. "Further non-core assets sales may be announced in order to cover its dividend shortfall or fund its data center developments," Forsyth Barr says. Spark NZ is due to report its 1H results on Feb. 21. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

February 13, 2025 19:37 ET (00:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10