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The latest update is out from SKY Network Television ( (SYKWF) ).
Sky Network Television Limited reported solid full-year financial results for FY25, with a 15.8% increase in the fully imputed dividend, despite facing economic challenges and a complex satellite migration. The company achieved significant milestones, such as acquiring Discovery NZ and securing a new partnership with New Zealand Rugby, which are expected to strengthen its market position. Revenue was slightly down, but growth in streaming, broadband, and advertising partially offset declines in other areas. Sky’s strategic focus on new technology and disciplined cost management helped maintain robust cash flow and meet key performance targets.
More about SKY Network Television
Sky Network Television Limited is a prominent player in the broadcasting industry in New Zealand, offering a range of services including satellite television, streaming, broadband, and advertising. The company focuses on delivering diverse content and enhancing customer experience through innovative features and strategic partnerships.
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