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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
1 mins to read

NZME lowers guidance on ad slump

Media company says economic environment has been challenging.

NBR Staff Tue, 07 Nov 2023

Listed media business NZME has lowered its full-year earnings guidance on continued advertising revenue volatility.

The company – which in August reported a 6% decline in first-half revenue to $166 million and a 76% fall in net profit after tax – said today that the economic environment over the

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NBR Staff Tue, 07 Nov 2023
Contact the Writer: editor@nbr.co.nz
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NZME lowers guidance on ad slump
Investment,
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