Sky TV posts eyewatering $607m loss after goodwill writeoff
No dividend for the final half of 2019.
Thu, 22 Aug 2019
In its full-year result, Sky TV’s higher than expected earnings of $97.4 million were overshadowed by a $670 million goodwill impairment as chairman Peter Macourt stepped down.
The subscription television provider posted a net loss of $607.8m in the year ended 30 June 2019, compared with a
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