Spark New Zealand Limited (SPKKY) Q4 2026 Earnings Call Transcript

Spark New Zealand Limited ( SPKKY ) Q4 2026 Earnings Call August 19, 2026 7:00 PM EDT

Jolie Hodson CEO & Executive Director

Good morning, everyone. Thanks for joining us today for Spark's full year results for the period ending 30 June '26. I'm going to provide an overview of our results and the progress we've made against our strategy. And our CFO, Stewart, will then take you through our financial performance in more detail before we move to Q&A.

So FY '26 was the first year of execution under SPK-30, and we're building momentum in line with strategic choices that we've made. So while the economic environment remains subdued, we refocused on core connectivity, returned mobile service revenue to growth and continue to simplify beyond the core. We strengthened the fundamentals of our business with further structural productivity improvements, improved free cash flow and net debt returning to targeted levels following completion of the data center transaction.

Overall, we finished FY '26 within guidance and with a stronger platform from which to deliver improved shareholder returns in the years ahead. So if I turn now to Slide 4 and an overview of the results to clarify our reported and adjusted results. Our reported results exclude the data center business, which is classified as a discontinued operation in the financial statements. FY '26 adjusted results include the earnings of the data center business up