Spark increases profit 4% to $427m

Author
Newstalk ZB,
Publish Date
Wed, 26 Aug 2020, 6:26PM
Spark chief executive Jolie Hodson. Photo / Jason Oxenham

Spark increases profit 4% to $427m

Author
Newstalk ZB,
Publish Date
Wed, 26 Aug 2020, 6:26PM

Spark has reported across-the-board full-year growth, in spite of the tough economic times.

Net profit for the year to June is up 4.4 percent, to $427 million.

Covid has been a mixed bag for Spark.

There's been increased demand for mobile, broadband and cloud services.

But that's been offset by the loss of global roaming revenue, extra helpdesk costs, and good-will measures like unlimited data for fixed-line customers, free Spark Sport, and the suspension of late payment disconnections.

Spark chief executive Jolie Hodson joined Heather du Plessis-Allan to discuss the results on Bosses Rebuilding.

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