Sky Network Television Ltd (OTCPK:SYKWF)
$ 1.7 0 (0%) Market Cap: 222.22 Mil Enterprise Value: 214.09 Mil PE Ratio: 7.54 PB Ratio: 0.80 GF Score: 75/100

Full Year 2019 SKY Network Television Ltd Earnings Call Transcript

Aug 21, 2019 / 11:00PM GMT
Release Date Price: $5.61
Martin David Stewart
SKY Network Television Limited - CEO & Executive Director

Hello, and welcome to Sky's annual results presentation. I'm delighted to be here along with our CFO, Blair Woodbury.

Now it's 6 months today since I joined the Sky team and we have been hard at work at transforming our business. And I look forward to sharing some of our progress with you today.

Now I'm going to make some introductory remarks to start. We'll then hand you to Blair to take you through the financials and I'll then conclude with some comments on our team, our progress to date and our ambitions for the future. And then we'll open the floor to questions.

So to start with, let's talk about 2019.

The world is changing, and so are we. We're transforming, and we're building a new business. And the results that we have released today demonstrate that we're heading in the right direction. The adjusted results are better than the guidance that we gave in February. And given the disrupted market that we're operating in, adjusted earnings of $97.4 million are pleasing.

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