Spark NZ Mobile Matters Most
If SPK delivers in line with FY30 expectations, we believe investors can expect a ~+9% annual post-tax total return (~6% yield plus ~+3% growth...
289 Views
Spark NZ FY25 ResultâRebased Down to NEUTRAL
Spark NZ (SPK) reported a slightly weakerâthanâexpected FY25 result, in line with guidance and without any meaningful shenanigans from âother gainsâ.
298 Views
Spark NZ The First Spark
Spark NZ (SPK) has announced the sale of a ~75% stake in its data centre assets (DC Co). SPK will receive ~NZ$850m in gross cash proceeds from...
268 Views
Spark NZ - Low ExpectationsâUp to OUTPERFORM
We upgrade our rating on Spark (SPK) to OUTPERFORM. We expect structural, competitive and cyclical headwinds to slowly start to ease through 2025.
210 Views
Spark NZ - 1H25 ResultâReality Check; Up to NEUTRAL
Spark NZ (SPK) has had four major downgrades in less than a year, driven by a combination of structural, cyclical, and competitive pressuresâall of...
639 Views