Chorus’ smoke and mirrors tune strikes a discordant note
Chorus pays a “fake” dividend.
Jenny Ruth Tue, 29 Aug 2017
Phone lines company Chorus delivered a result full of smoke and mirrors where up was actually down.
Stripping away the accounting changes, the rise in earnings before interest, tax, depreciation and amortisation (ebitda) turned into a 3.7% profit fall for the year ended June.
And its forecast
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