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- Release Date: 31/10/11 11:14
- Summary: QUARTER: NZX: NZX operating revenues up close to 14 percent
- Price Sensitive: No
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NZX
31/10/2011 09:14
QUARTER
REL: 0914 HRS NZX Limited
QUARTER: NZX: NZX operating revenues up close to 14 percent
NZX operating revenues up close to 14 percent
31 October 2011 - NZX has today released its Q3 2011 Operating Metrics, which
show operating revenues up 13.9% on the third quarter of last year.
NZX's integrated Information, Markets and Infrastructure businesses continue
to deliver strong topline growth in yet further changed macro conditions.
"We indicated at our Investor Day in March this year that our markets, and
our shareholders, would see the positive impact of NZX's deliberate strategy
of building non-correlated revenue streams off a common operating
infrastructure.
"The overall business remains on track to meet expectations." said NZX CEO
Mark Weldon.
"Also, having New Zealand recognised as a global centre for agricultural
markets, and the information that feeds them, is proving a sound and logical
base to drive further growth."
In February 2011, the NZX Board adopted a new dividend policy, with the 2011,
2012 and 2013 financial year dividends expected to increase by not less than
one cent per share each year. From June 2011, NZX's dividend has been paid
quarterly in order to provide more consistent cash flow to shareholders.
Our expectation is that a Q3 dividend for NZX shareholders will be declared
and paid in early December 2011.
ENDS
End CA:00215625 For:NZX Type:QUARTER Time:2011-10-31 09:14:12
