NZME boosts FY25 earnings outlook on recovery, strong revenue

NZME Limited announced an upgrade to its FY25 operating EBITDA guidance, now projecting a range of $59 million to $62 million. This revised forecast supersedes the company's previous estimate of $57 million to $59 million.

The midpoint of this new guidance range signifies a 12% increase compared to the operating EBITDA of $54.2 million achieved in FY24. According to Michael Boggs, NZME chief executive officer, the upgrade reflects signs of business recovery, better-than-expected revenue performance, and continued cost control, positioning the company favorably for FY26.

NZME is scheduled to report its full-year results at the end of February 2026. The announcement was authorised by the NZME board.