Business
NZM: EBITDA rose 12% to $23.9m, with digital and cost actions offsetting revenue declines
NZM: EBITDA rose 12% to $23.9m, with digital and cost actions offsetting revenue declines
About this update from Nzme Limited
Underlying operating performance improved 12% year-over-year, with EBITDA up to $23.9 million despite a 3% revenue decline due to print closures and digital ad softness. Cost reductions and digital growth initiatives supported profitability, and full-year EBITDA is forecast at $57–59 million.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.