NZX’s Q1 Financials a Mixed Bag, Revenues Static

[kreslik.news]

The NZX has published its financial results for Q1 2017, which reflected a mixed performance overall. The group’s revenues were largely unchanged, albeit skewed slightly negative, while operating costs were sizably lower relative to the year prior.

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In terms of its financial metrics, NZX’s overall operating revenue slid slightly to $12.1 million (NZ$17.7 million) during Q1 2017, moving lower by approximately -1.7 percent year-over-year from $12.4 million (NZ$18.0 million) in Q1 2016. One of the biggest laggards in Q1 was NZX’s Agri business, which plunged -30.4 percent year-over-year in Q1 2017 relative ... (read more)