Brief: Sky Network Television Sees FY22 Capex Of NZ$45 Million - NZ$50 Million

Sky Network Television

06/12/2021 19:43

Dec 7 (Reuters) - SKY Network Television Ltd  SKT.NZ :
    * SEES FY22 CAPEX OF NZ$45 MILLION - NZ$50 MILLION 
    * RAISES FY22 GUIDANCE FOLLOWING COMPLETION OF COST REVIEW
    * MORE PERMANENT SAVINGS TARGETED FOR FY23 AND BEYOND
    * OPERATING COSTS REDUCTION OF AN ADDITIONAL NZ$35MLN TO BE
DELIVERED IN FY22
    * FULL YEAR IMPACT OF RECURRING ANNUALISED COST SAVINGS TO
DELIVER
AN ADDITIONAL NZ$40M TO NZ$45M P.A
    * REVISED FY22 NPAT GUIDANCE OF NZ$40 MILLION – NZ$48
MILLION
    * FY22 REVENUE GUIDANCE INCREASES TO NZ$725M-NZ$745M FROM
NZ$715M-$745M


Further company coverage:  SKT.NZ 

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