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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
NZX
NZX (NZX) investor relations material
NZX H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary19 Aug, 2026
Executive summary
Delivered solid H1 2026 results amid global market volatility and economic uncertainty, demonstrating resilience and benefits of a diversified strategy across markets, funds management, and wealth administration.
Strategic priorities advanced, including the launch and relaunch of S&P/NZX 20 Index Futures, strong growth in funds under management, and onboarding of major clients in Wealth Technologies.
New CEO Hishaam Mirza appointed, effective 14 September 2026.
Financial highlights
Operating revenue rose 13.3% year-over-year to $76.6 million, driven by Smart and Wealth Technologies.
Operating earnings (EBITDA, excluding project/restructure costs) increased 8.8% to $27.3 million; including these costs, EBITDA up 9.4% to $26.3 million.
Net profit after tax grew 18.0% to $9.8 million; basic EPS up 17.0% to 3.0 cents per share.
Interim dividend declared at 3.2 cents per share, up 6.7% year-over-year.
Free cash flow reached $1.4 million, up 212.4% year-over-year.
Outlook and guidance
FY2026 operating earnings (EBITDA, excluding project/restructure costs) guidance set at $53.0–$58.5 million, tracking toward the middle of the range, subject to market outcomes and macroeconomic conditions.
Continued investment in technology, marketing, and product development expected, especially for Smart and Wealth Technologies.
Guidance assumes no material adverse macroeconomic impacts or significant one-off expenses.
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Next NZX earnings date
H2 202624 Feb, 2027
NZX
Next NZX earnings date
H2 202624 Feb, 2027
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Frequently asked questions
NZX Limited is the operator of New Zealand's national stock exchange and provider of related financial services. The company oversees trading, clearing, and settlement for equities, bonds, derivatives, and other financial instruments in the New Zealand market. Beyond its exchange operations, NZX offers data and analytics services, as well as market indices to support investment and trading activities. The company is also involved in funds management through its Smartshares division, providing a range of exchange-traded funds (ETFs) to retail and institutional investors. The company is headquartered in Wellington, New Zealand, and its shares are listed on the NZX.