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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Advertising slump continues to take a bite out of NZME’s full-year

But debt down and ebitda nudges up after cost containment drive.

Dita De Boni Wed, 24 Feb 2021

A slump in advertising that only came back at the end of 2020 has affected revenue at NZ Herald publisher NZME in the year ending December 31, 2020, but cost savings taken to negate the effects of that slump helped drive debt reduction and a profit turnaround. 

“The initial shock of Covid-19

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Dita De Boni Wed, 24 Feb 2021
Contact the Writer: dita@nbr.co.nz
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Advertising slump continues to take a bite out of NZME’s full-year
General Business,
86455
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