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Chorus shares lift on positive outlook

Cashflow growth on horizon as big fibre build nears end.

Tim Hunter Mon, 24 Feb 2020

Shares in telecommunications network provider Chorus jumped 5% after the company upgraded its full-year earnings forecast and painted a picture of “substantial free cashflow growth” ahead.

By early afternoon, the stock was up 32.5c to $6.70, valuing the company at $2.97

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Tim Hunter Mon, 24 Feb 2020
Contact the Writer: thunter@nbr.co.nz
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Chorus shares lift on positive outlook
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