New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Sky Network Television / Equity Bottom-Up

<ul>
<li>Sky TV (SKT) reported a solid FY26 result broadly in line with expectations, as was its first-time FY27 revenue and EBITDA guidance.</li>
<li>The key positive, however, was higher dividends, both the final FY26 dividend and forward guidance.</li>
<li>For a business viewed as legacy, SKT is doing exactly what it should: delivering strong cash returns to shareholders.</li>
</ul>


Sky TV (SKT) reported a solid FY26 result broadly in line with expectations, as was its first-time FY27 revenue and EBITDA guidance.
The key positive, however, was higher dividends, both the final FY26 dividend and forward guidance.
For a business viewed as legacy, SKT is doing exactly what it should: delivering strong cash returns to shareholders.


Sky TV FY26 Result—Dividends the Star of the Show