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 2023 Spark New Zealand Ltd Earnings Call Transcript

Feb 21, 2023 / 09:00PM GMT
Release Date Price: $3.33
Jolie Hodson
Spark New Zealand Limited - CEO & Executive Director

(foreign language) Good morning, everyone. Thank you for joining us today as we share Spark's Half Year Results for the period ending December 31, 2022. This morning I'm going to take you through the overview of our results, and then, I'm going to hand over to Stefan to speak to the numbers in more detail before we move to Q&A.

But first I would like to acknowledge the tragic loss of life and significant impacts we've experienced as a country, as a result of Cyclone Gabrielle, which has reminded us all of just how urgent our response to climate change really is. While Sparks network infrastructure was not significantly damaged due to widespread power outages and fiber cuts, we did see services impacted in the worst affected areas.

Our teams have worked tirelessly alongside our industry peers to restore services with urgency while providing support for our customers. At the peak of the crisis, we had 152 towers down and this was reduced to around about 11 yesterday. The long recovery here we meant, we remain

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