Spark has reduced its earnings and dividend guidance for the 2025 year, saying its financial performance 'falls short of what is acceptable'.

The company said its operating earnings (Ebitdai) were expected to fall to around $1.12-$1.18 billion in 2025, down 4% from a previous forecast of $1.165-$1.22b.

The company has reduced its dividend forecast from 27.5 cents to 25c, 75% imputed.

Milford Asset Management's Jeremy Hutton unpacks the downturn.

LISTEN ABOVE

Spark has reduced its earnings and dividend guidance for the 2025 year, saying its financial performance 'falls short of what is acceptable'.
The company said its operating earnings (Ebitdai) were expected to fall to around $1.12-$1.18 billion in 2025, down 4% from a previous forecast of $1.165-$1.22b.
The company has reduced its dividend forecast from 27.5 cents to 25c, 75% imputed.
Milford Asset Management's Jeremy Hutton unpacks the downturn.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jeremy Hutton: Milford Asset Management Equities Analyst on Spark reducing their profit outlook and dividend payout

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/55332b06-9054-432c-ae2f-b2190074e6b1/transcript

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