Michael Boggs: NZME CEO on NZME returning to profit and what it means for the market

Best of Business · Aug 25, 2026 · 5m · transcript

The head of NZME says the company has delivered a positive half year result, returning to profit.

The media firm, owner of outlets including Newstalk ZB and the NZ Herald, has posted a net-profit after tax of $6.6 million dollars.

Net debt reduced by nearly $14 million - to $19.4 million dollars.

Chief executive Michael Boggs says it's still a volatile environment.

"The market indicators still say that - well, consumer confidence is increasing, business confidence is increasing. Everyone's doing it tough."

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