Spark New Zealand Ltd (OTCPK:SPKKY)
$ 13.11 0.12 (0.92%) Market Cap: 4.76 Bil Enterprise Value: 6.13 Bil PE Ratio: 17.36 PB Ratio: 4.75 GF Score: 75/100
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Half Year 2019 Spark New Zealand Ltd Earnings Call Transcript

Feb 19, 2019 / 09:00PM GMT
Simon Moutter
Spark New Zealand Limited - MD & Executive Director

Good morning, everyone, and welcome to this briefing on Spark New Zealand's results for the 6 months ended December 2018. Simon Moutter, Managing Director speaking, and alongside me is David Chalmers, our CFO.

Look, I'm genuinely pleased to be presenting another set of solid results. Telco's a tough industry, and it takes a lot of hard work across a lot of improvement initiatives to consistently deliver strong results.

And at the headline level, Spark is holding on to its revenue, as the old world of landline and voice fall away and the new world of mobile and cloud IT take its place. We're holding our overall market share by delivering great value and good service to our customers. And we're grinding out costs through our simplification, digitization and automation programs, now supported by Agile ways of working. And all of those themes have helped us deliver a 4.3% lift in adjusted EBITDA, which is a pretty solid performance for a telco anywhere in the world.

Spark can now also confirm, and I'm very

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