Announcement

FLLYR: NZX010: NZX Full Year 2018 Results & Annual Report Published 08:40am 
NZX
15/02/2019 08:40
FLLYR
PRICE SENSITIVE
REL: 0840 HRS NZX Limited

FLLYR: NZX010: NZX Full Year 2018 Results & Annual Report Published

NZX today published its full year financial results and annual report for the
12 months ended 31 December 2018.

Please find the following materials attached:

o NZX Annual Report 2018 (includes sustainability report and audited
financial statements)
o NZX Corporate Action Notice
o NZX Full Year 2018 Results: Investor Presentation
o NZX Full Year 2018 Results: Media Announcement
o NZX Full Year 2018 Results: Shareholder Letter
o NZX Nomination of Directors Announcement

Financial highlights include:

o Total operating earnings of $28.1 million (operating earnings from
continuing operations $27.3 million);
o Continuing operations revenues and expenses relatively flat at $67.5
million and $40.2 million respectively;
o Net profit after tax of $11.6 million is lower than 2017 due to the
strategic decision to focus on our core capital markets business, resulting
in the disposal of non-core businesses (and the related impairments of $3.0
million). Disposal proceeds were returned to shareholders through a special
dividend of 1.5 cents per share;
o Total fully imputed dividend of 7.6 cents per share, including the special
dividend paid in September 2018, up 24.6% on 2017; and
o Full year 2019 operating earnings expected to be within a range of $28.0
million to $31.0 million. The guidance is subject to market outcomes,
particularly with respect to market capitalisation, total capital raised,
secondary market value and derivatives volumes traded, and funds under
management growth. This guidance assumes no material adverse events,
significant one-off expenses or major accounting adjustments.

For further information please contact:
Hannah Lynch
Head of Communications
T: 09 308 3710
M: 021 252 8990
E: hannah.lynch@nzx.com
End CA:00330625 For:NZX Type:FLLYR Time:2019-02-15 08:40:37

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