Spark New Zealand Ltd Ord (NZTCF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Spark New Zealand FY25 results. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1 and 1 on your telephone keypad. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, CEO, Jolie Hudson. Please go ahead. Kia ora koutou koutou. Good morning, everyone, and thank you for joining us today for SPARC's four-year results for the year ended 30 June 2025. This morning I'm going to provide an overview of our results and then going to hand over to our CFO, Stuart Taylor, to speak to our financial performance in more detail before we move to Q&A. FY25 was a challenging year for SPARC with demand impacted by materially lower customer spending and a tougher economic environment. We acknowledge, however, that not all of the challenges we faced were beyond our control and as we outlined in our half-year results back in February, we've implemented a significant transformation program to improve our performance. We finished FY25 with an updated EBITDAI CapEx dividend guidance. We've made good progress against our transformation priorities. Recognizing how much has changed since 2023 when we last set our strategy, we also set a new five-year plan, which we'll provide a summary of today and then share in more detail at our Investor Day on September 11th. As we reviewed strategy, the board has also undertaken a review of our capital management settings to support sustainable shareholder valu...