Please find the following materials attached:
• NZX Annual Report 2018 (includes sustainability report and audited financial statements)
• NZX Corporate Action Notice
• NZX Full Year 2018 Results: Investor Presentation
• NZX Full Year 2018 Results: Media Announcement
• NZX Full Year 2018 Results: Shareholder Letter
• NZX Nomination of Directors Announcement
Financial highlights include:
• Total operating earnings of $28.1 million (operating earnings from continuing operations $27.3 million);
• Continuing operations revenues and expenses relatively flat at $67.5 million and $40.2 million respectively;
• Net profit after tax of $11.6 million is lower than 2017 due to the strategic decision to focus on our core capital markets business, resulting in the disposal of non-core businesses (and the related impairments of $3.0 million). Disposal proceeds were returned to shareholders through a special dividend of 1.5 cents per share;
• Total fully imputed dividend of 7.6 cents per share, including the special dividend paid in September 2018, up 24.6% on 2017; and
• Full year 2019 operating earnings expected to be within a range of $28.0 million to $31.0 million. The guidance is subject to market outcomes, particularly with respect to market capitalisation, total capital raised, secondary market value and derivatives volumes traded, and funds under management growth. This guidance assumes no material adverse events, significant one-off expenses or major accounting adjustments.
Downloads
- NZX Annual Report 2018 (includes sustainability report and audited financial statements)
- NZX Corporate Action Notice
- NZX Full Year 2018 Results: Investor Presentation
- NZX Full Year 2018 Results: Media Announcement
- NZX Full Year 2018 Results: Shareholder Letter
- NZX Nomination of Directors Announcement
- Appendix 1 form