Spark New Zealand Ltd (STU:NZT)
€ 1.64 -0.01 (-0.61%) Market Cap: 3.07 Bil Enterprise Value: 4.35 Bil PE Ratio: 17.67 PB Ratio: 3.47 GF Score: 61/100

Full Year 2019 Spark New Zealand Ltd Earnings Call Transcript

Aug 20, 2019 / 10:00PM GMT
Release Date Price: €2.24
Jolie Hodson
Spark New Zealand Limited - CEO

So good morning, and welcome to Spark's annual results announcement for the year ended 30 June 2019. I'm Jolie Hodson, CEO, and with me today is David Chalmers, our CFO. And it's my pleasure to deliver our first -- my first release as CEO.

So FY '19 has been another big year of strong execution of our strategy. We've delivered earning growth at the top end of our guidance range. Despite intense market competition, we've won in mobile and cloud while entering new categories. We've accelerated on our wireless network leadership. And we've completed one of New Zealand's largest organizational transformations to Agile. So a big agenda and a year that delivered results.

Central to our strategy is the commitment to create a wireless future for New Zealanders. We've maintained growth in mobile connections, revenues and average revenue per user over the year, and it's been driven by the addition of higher-value propositions for customers such as our new shareable unlimited plan. As customers use their mobile phones to do more, many are seeking

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