Chorus’ smoke and mirrors tune strikes a discordant note
Chorus pays a “fake” dividend.
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
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 29 Aug 2017
Tue, 29 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Chorus’ smoke and mirrors tune strikes a discordant note
69669