NZME upgrades earnings guidance
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| Stock | NZME Ltd (NZM.ASX) |
|---|---|
| Release Time | 29 Oct 2025, 7:30 a.m. |
| Price Sensitive | Yes |
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NZME upgrades earnings guidance
Key Points
- NZME upgrades FY25 Operating EBITDA guidance to $59-$62 million
- Midpoint of new range represents a 12% increase on FY24
- Better than expected revenue performance and continued cost control
Full Summary
NZME Limited has announced an upgrade to its FY25 Operating EBITDA guidance to between $59 million and $62 million, up from the previously reported estimated range of $57 million to $59 million. The midpoint of the new range would represent a 12% increase on FY24, when an Operating EBITDA of $54.2 million was achieved. NZME Chief Executive Officer, Michael Boggs, stated that the company has had better than expected revenue performance coupled with continued cost control, positioning the company well as it enters FY26. The company will be reporting full year results at the end of February 2026.
Guidance
NZME has upgraded its FY25 Operating EBITDA guidance to between $59 million and $62 million.
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