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Sky Network Television Limited (ASX:SKT)

ALERT: Price-sensitive ASX Announcement for SKT
Current share price for SKT : $2.760 0.04 (1.47%)+
Announcement
Release
26 Feb 2026 7:30AM
Price at Release
$2.720
Full Release
download
Summary
Sky Network Television Limited's Half-Yearly Report for the six months ending 31 December 2025 reflects a strong financial performance following the acquisition of Discovery NZ (now Sky Free). The company reported a significant increase in underlying revenues and EBITDA, driven by contributions from Sky Free and strategic cost management. The statutory Net Profit after Tax included a notable gain from the acquisition and compensation related to satellite disruptions. The integration of Sky Free is underway, with early synergy gains reported. Despite challenging market conditions, Sky's focus remains on content engagement, advertising growth, and a robust financial position with plans to pay dividends and manage capital efficiently.
Key Points
  • Sky reported an 8% increase in underlying revenue to $415.4 million.
  • EBITDA rose by 29% to $78.2 million.
  • Statutory NPAT was $52.4 million, including a $34.4 million gain from Sky Free acquisition.
  • Sky Free contributed significantly to revenue and audience reach.
  • Advertising market share increased to 35%, with a notable boost from digital segments.
  • Sky's content strategy included renewing key sports and entertainment rights.
  • The company declared an interim dividend of 15.0 cents per share.
  • Sky aims for at least $10 million incremental EBITDA by FY28 through synergies.
  • The integration of Sky Free is progressing well, delivering $3.2 million in synergies.
  • Despite softer linear advertising, digital revenue and audience diversity grew substantially.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.