NZX Half Year 2018 & Interim Report Published

NZX today published its half year results and interim report for the six months ended 30 June 2018.

Please find the following materials attached:

Appendix 1
Appendix 7 – interim dividend
Appendix 7 – special dividend
NZX Interim Report 2018 (including audited financial statements and management commentary on financial results)
NZX Half Year 2018 Investor Presentation
Dividend Reinvestment Plan
Shareholder Letter

Summary of key financial results:

Total operating earnings of $13.9 million and net profit after tax was $4.4 million;
Operating revenue from continuing operations was $33.4 million, up 2.0% driven by strong growth in trading and clearing fees and funds management revenues;
Operating expenses from continuing operations increased 7.3% due to targeted investments in marketing, cyber security and the dairy derivatives market, one-off staff related costs, and fund expenditure which was driven by the growth in funds under management;
Successful divestment of non-core businesses, including Farmers Weekly, AgriHQ and the Australian based Grain Information Unit; and
Interim ordinary dividend, fully imputed, of 3.0 cents per share. Plus, a special dividend, fully imputed, of 1.5 cents per share, with the Board returning proceeds from disposals of non-core businesses to shareholders.