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NZME slightly raises full-year earnings guidance

NZ Herald publisher says better-than-expected sales from Covid crisis drives revisions.

Reweti Kohere Tue, 10 Nov 2020

NZME has upped full-year earnings guidance a smidge as it cautiously marks out plans to return value to shareholders.

In an NZX note, the media company said it now expected to deliver operating earnings of between $63 million and $66m for the year to December 31.

It’s a $3m bump at both

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Reweti Kohere Tue, 10 Nov 2020
Contact the Writer: reweti@nbr.co.nz
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NZME slightly raises full-year earnings guidance
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