Chorus says flat to weak earnings coming

Chorus, the telecommunications network operator spun out of Telecom in 2011, expects next year’;s earnings will be flat-to-weaker after eking out a small gain in its first full year as a standalone business. Adjusted earnings before interest, tax, depreciation and amortisation rose 1.2 per cent to $654 million in the 12 months ended June 30, and it forecasts …

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