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

There's green shoots emerging for New Zealand's struggling red meat sector, according to new reports.

The Meat Industry Association claims exports to China in August were down 50 percent to $107 million compared with the same time last year.

The Country's Jamie Mackay explains further.

LISTEN ABOVE

There's green shoots emerging for New Zealand's struggling red meat sector, according to new reports.
The Meat Industry Association claims exports to China in August were down 50 percent to $107 million compared with the same time last year.
The Country's Jamie Mackay explains further.
LISTEN ABOVE

Jamie Mackay: The Country host on red meat prices improving after economic downturn

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c1ca0f95-724e-4fe4-85b4-b21a00789040/transcript

Plenty of celebrities have expressed their support for supplement giant AG1 - but an investigation has dug up some questionable details about the company's founder.

Founder Chris Ashenden has resigned amid a Newsroom investigation that raised questions over his criminal history and unpaid fines and reparations by his now-defunct firms. 

Newsroom Pro managing editor Jonathan Milne says Ashenden's refusal to be interviewed set off journalistic 'alarm bells'.

LISTEN ABOVE

Plenty of celebrities have expressed their support for supplement giant AG1 - but an investigation has dug up some questionable details about the company's founder.
Founder Chris Ashenden has resigned amid a Newsroom investigation that raised questions over his criminal history and unpaid fines and reparations by his now-defunct firms.&nbsp;
Newsroom Pro managing editor Jonathan Milne says Ashenden's refusal to be interviewed set off journalistic 'alarm bells'.
LISTEN ABOVE

Jonathan Milne: Newsroom Pro managing editor on AG1's founder resigning following criminal history investigation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/617370c0-2179-4458-a5ef-b21a00764618/transcript

It's less than a week until voters in the US will cast their ballots and determine a new president - and experts are wondering about the economic impacts.

No matter who wins, both Kamala Harris and Donald Trump have policies that could have implications regarding the future of international business.

NZ Herald business editor at large Liam Dann explains what the candidates could do for New Zealand's economic future.

LISTEN ABOVE

It's less than a week until voters in the US will cast their ballots and determine a new president - and experts are wondering about the economic impacts.
No matter who wins, both Kamala Harris and Donald Trump have policies that could have implications regarding the future of international business.
NZ Herald business editor at large Liam Dann explains what the candidates could do for New Zealand's economic future.
LISTEN ABOVE

Liam Dann: NZ Herald business editor at large on the economic impact of the US election

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9d7ec367-839c-43c1-b59e-b21a00734bb4/transcript

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

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