NZME Ltd. 2018 AR2
The report highlights NZME Limited's financial and operational performance for the fiscal year ended December 31, 2018. During the year, the company made significant progress on its digital strategy, including the development of its real estate portal, OneRoof, and preparations for launching digital subscriptions. Although statutory Net Profit After Tax (NPAT) declined by 44% to $11.6 million due to agency market headwinds and proactive digital investments, overall trading revenue only decreased by 2% to $378.4 million. On the sustainability front, NZME advanced its corporate social responsibility journey by initiating a materiality assessment and committing to adopt the UN Sustainable Development Goals framework.
Company: NZME Ltd.
Sector: Media & publishing
Country: New Zealand
Year: 2018
Type: AR2
Pages: 110
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NZME Ltd.
Annual Report
The report highlights NZME Limited's financial and operational performance for the fiscal year ended December 31, 2018. During the year, the company made significant progress on its digital strategy, including the development of its real estate portal, OneRoof, and preparations for launching digital subscriptions. Although statutory Net Profit After Tax (NPAT) declined by 44% to $11.6 million due to agency market headwinds and proactive digital investments, overall trading revenue only decreased by 2% to $378.4 million. On the sustainability front, NZME advanced its corporate social responsibility journey by initiating a materiality assessment and committing to adopt the UN Sustainable Development Goals framework.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 29, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management