Spark New Zealand Ltd (OTCPK:NZTCF)
$ 1.75 -0.01 (-0.57%) Market Cap: 3.38 Bil Enterprise Value: 4.76 Bil PE Ratio: 17.67 PB Ratio: 3.47 GF Score: 66/100

Half Year 2020 Spark New Zealand Ltd Earnings Call Transcript

Feb 18, 2020 / 09:00PM GMT
Release Date Price: $3 (-1.80%)
Jolie Hodson
Spark New Zealand Limited - CEO & Executive Director

(foreign language)

Welcome to Spark's half year results announcement for the period ended 31 December 2019. I'm Jolie Hodson, CEO, and it's my pleasure to welcome Stefan Knight, as our CFO. I know Stefan will be known to many of you from his time in various capital markets, investor relations, financial and commission roles within Spark.

So I'm really pleased to share we've had a strong start to FY '20 with revenue growth of 4% to $1.824 billion for the half year to 31 December. In my time at Spark, itâs hard to remember the time when we're seeing consistent performance growth across all of our key revenue areas, delivered through strategic execution of our strategy.

Revenue growth was achieved by a particularly strong performance in mobile, with high-margin mobile service revenue up 5.5%, translating to a market share increase of 1.2 percentage points to 40.1%. And essential to strategy is our commitment to create a wireless future for New Zealanders. We've maintained growth in mobile revenues and average

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