Thursday 25th August 2022 |
Text too small? |
Sky Network Television Limited (Sky) has delivered a strong result for the 2022 financial year, driven by a return to growth in core revenue, cost control and a clear focus on execution of strategy.
Sky has also provided an update on its capital management strategy, with Chair Philip Bowman saying: “Sky is in a solid cash position resulting from strong and sustainable cash generation and the sale of the Mt Wellington properties. In addition, we have an improved earnings outlook, and access to an undrawn banking facility of $150 million.”
“Against this backdrop the Board has established a capital allocation framework that provides the opportunity to return capital of approximately $70 million to shareholders and deliver a sustainable dividend whilst also reinvesting in the business to support future growth and value creation.”
No comments yet
September 3rd Morning Report
Devon Funds Morning Note - 2 September 2025
Devon Funds Morning Note - 1 September 2025
September 1st Morning Report
POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result