Tale of Two Countries Persists, SkyCity’s Strength in New Zealand Dampened by Softness in Australia
SkyCity Entertainment’s healthy performance in the core New Zealand drove its positive start to fiscal 2018. However, the group’s performance continues to be weighed down by the struggling Australian properties, a dynamic we don’t see changing any time soon. Interim underlying EBITDA rose by 4% to NZD 176 million, broadly in line with our expectations. Meanwhile, net profit after tax grew slightly faster at 8%, an outcome of lower interest expense due to a higher capitalised component for the ex...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.