New Zealand: SkyCity EBITDA drops 22% amid weaker gaming revenue and higher costs
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SkyCity Entertainment Group's underlying EBITDA fell 22.3% to NZ$181.6 million ($107.7 million) in fiscal 2026, while reported EBITDA dropped 44.2% to NZ$120.5 million ($71.5 million), as weaker gaming revenue and higher costs offset growth in its non-gaming businesses. Reported net profit after ta…
SkyCity Entertainment Group's underlying EBITDA fell 22.3% to NZ$181.6 million ($107.7 million) in fiscal 2026, while reported EBITDA dropped 44.2% to NZ$120.5 million ($71.5 million), as weaker gaming revenue and higher costs offset growth in its non-gaming businesses. Reported net profit after tax fell 37.6% to NZ$18.2 million ($10.8 million), while underlying net profit declined 46.9% to...