Spark New Zealand Ltd (NZSE:SPK)
NZ$ 3.04 0.085 (2.88%) Market Cap: 5.61 Bil Enterprise Value: 7.91 Bil PE Ratio: 17.67 PB Ratio: 3.47 GF Score: 73/100

Half Year 2022 Spark New Zealand Ltd Earnings Call Transcript

Feb 22, 2022 / 09:00PM GMT
Release Date Price: NZ$4.56 (-0.44%)
Jolie Hodson
Spark New Zealand Limited - CEO & Executive Director

(foreign language) Thank you for joining us today as we share Spark's half year results for the period ending 31 December 2021.

So I'm pleased to [see] a strong first half performance in it despite the ongoing COVID-19 disruptions that characterized the second half of the 2021 calendar year. We achieved a market-leading result in mobile without the benefits of global roaming revenues and stabilized our broadband base, with wireless broadband growth continuing to maintain our margins as we compete vigorously in a price-driven market. Businesses continue to digitize, growing our cloud, security and service management revenues. And our investments in future markets like digital health and IoT are paying dividends. We have been able to deliver these results through a combination of consistent execution, the benefits of our 3-year strategy starting to flow through to better customer outcomes and the market differentiation and the talent and adaptability of our people.

[Our pivot towards] digital transformation is only

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