Brief: Sky Network Television Says FY Dividend Guidance Increased To At Least 17.5 NZ CPS

Sky Network Television

22/02/2024 24:52

Feb 22 (Reuters) - SKY Network Television Ltd  SKT.NZ :
    * FULL YEAR DIVIDEND GUIDANCE INCREASED TO AT LEAST 17.5 NZ
CENTS
PER SHARE
    * INCREASED INTERIM DIVIDEND OF 7 NZ CENTS PER SHARE
    * 3.7% GROWTH IN HY REVENUE TO NZ$392.7 MILLION
    * 10.5% GROWTH IN HY NPAT TO NZ$29.0 MILLION
    * NEW SHARE BUYBACK PROGRAMME FOR UP TO NZ$15 MILLION TO BE
LAUNCHED FOLLOWING THE EXPIRY OF THE  CURRENT PROGRAMME
    * FY24 DIVIDEND GUIDANCE TO BE AT LEAST 17.5 NZ CENTS PER
SHARE
    * REMAIN ON TRACK TO DELIVER FY24 EBITDA OF NZ$150 MILLION
TO
NZ$165 MILLION
    * FY24 REVENUE GUIDANCE NOW EXPECTED TO BE BETWEEN NZ$765
MILLION
TO NZ$780 MILLION
    * REMAIN ON TRACK TO DELIVER FY24 NPAT OF NZ$45 MILLION TO 
NZ$55
MILLION
    * ADVERTISING MARKET EXPERIENCING HEADWINDS, LONG-TERM
CONFIDENCE
IN PURSUING STRATEGIC GROWTH INITIATIVE INCREASING

Source text for Eikon:  ID:n426611-8 
Further company coverage:  SKT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))