Sharechat Logo

Chorus Limited (NZX: CNU) Investor presentation - UBS Australasia Investor Conference

Tuesday 17th November 2020

Text too small?

FY21 Guidance Summary

EBITDA: $640m to $660m

▪ subject to no material changes in expected regulatory and competitive outlook

▪ includes ~$10m allowance for ongoing COVID-19 impact and broader economic uncertainty

Dividend: 25cps, subject to no material adverse changes in circumstances or outlook

 

An Overview of Chorus

New Zealand’s largest fixed line communications infrastructure business

▪ Established in December 2011 following demerger from Telecom NZ

▪ ~870 employees, supported by service company contractors and subcontractors

▪ Listed on NZX and ASX: CNU

▪ ~$3.7 billion market capitalisation (as at 31/10/20)

A nationwide copper and growing fibre network

▪ Wholesale network operator with ~100 retailer customers

▪ ~1.4m connections, including ~1.2m broadband

▪ 90% of way through 11-year fibre to premises rollout

▪ 62% fibre uptake, well ahead of initial rollout target of 20% by 2020

▪ Streaming video services and working from home driving significant data

consumption

 

See the links below for more details:

Chorus - presentation for UBS conference cover note

Chorus - presentation for UBS conference

Source: Chorus Limited



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Me Today Limited (NZX: MEE) Results for the Six Months Ended 30 September 2020
PaySauce Limited (NZX: PYS) FY2021 Half Year Result and Interim Report
General Capital Limited (NZX: GEN) Announces Solid Growth Despite Covid-19
Moa Group Limited (NZX: MOA) Announces Half-year Results
Evolve Education Group Limited (NZX: EVO) Interim Results for Six Months Ended 30 September 2020
IPO Offer: New Zealand Rural Land Co
Infratil Limited 6-year Infrastructure Bonds
Genesis Energy Limited (NZX: GNE) Undertaking Strategic Review of Kupe
Plexure Group Limited (NZX: PX1) NZ$5 Million Share Purchase Plan Closes
Vital Healthcare Property Trust (NZX: VHP) Sale of Three Regional Assets

IRG See IRG research reports