SkyCity Entertainment Group Limited (NS) Ordinary Shares

SKC.NZX

Consumer Discretionary

SkyCity Entertainment Group Limited is a leading entertainment and gaming business with a great brand and an iconic status as a New Zealand and Australian listed company. It operates monopoly casinos in New Zealand (Auckland, Hamilton and Queenstown) and Australia (Adelaide), alongside a variety of industry leading restaurants and bars, luxury hotels and convention centres. Entertainment is the core business and SkyCity has a strong and enviable collection of assets, including some of the most significant major urban monopoly casino licences in New Zealand and Australia. SkyCity is listed on NZX under the symbol of SKC since September 1995. It is also dual-listed on ASX since March 1999. SKC has been granted Listing with a 'Non-Standard' ("NS") designation. This designation was granted due to the nature of SKC's constitution which contains various provisions reflecting the gaming legislation in the jurisdictions in which SKC operates, including provisions regulating the transfer and voting rights of its Ordinary Shares. For further information, please see SKC's annual report.

Market Data

Price

$0.660

+0.1%
Market Cap

$728.0M

P/E Ratio

17.3x

EPS

$0.038

Div. Yield

0.00%

52-Week Change

-0.2%

Latest Earnings

FY26 Full Year Result and Teleconference Details

15 July 2026

SkyCity Entertainment Group has announced the release date for its FY26 full year financial results, scheduled for 20 August 2026, covering the year ended 30 June 2026. This announcement contains no financial data, metrics, or guidance — it is solely a procedural notice informing investors of the result release date and teleconference details. Key points: FY26 full year results for the year ended 30 June 2026 will be released on 20 August 2026; A live webcast and teleconference briefing is scheduled for 11am NZ time (9am AEST) on 20 August 2026; SkyCity is listed on both the NZX (SKC.NZX) and ASX (SKC.ASX)

Recent Announcements

22 Jul 2026 Sph Neutral

SPH Notice - AustralianSuper Pty Ltd

AustralianSuper Pty Ltd changed substantial holding from 6.95% to 4.85%.

22 Jul 2026 Neutral

Asset Monetisation Programme Update - The Grand Hotel

SkyCity Entertainment Group Limited has entered into a non-binding heads of agreement to sell The Grand Hotel as part of its asset monetisation programme, with expected cash proceeds in late 2026 subject to due diligence, binding documentation, and Overseas Investment Office consent. Proceeds will be used to repay debt and provide greater financial flexibility.

17 Jul 2026 Neutral

Asset Monetisation Programme Update

SkyCity Entertainment Group has completed the unconditional sale of its 99 Albert Street office building and Victoria Street investment properties to Mainland Capital and Russell Property Group for $74.5 million, with settlement expected on September 1, 2026. The company plans to use the proceeds to repay debt and improve financial flexibility.

15 Jul 2026 Actual Results Neutral

FY26 Full Year Result and Teleconference Details

SkyCity Entertainment Group has announced the release date for its FY26 full year financial results, scheduled for 20 August 2026, covering the year ended 30 June 2026. This announcement contains no financial data, metrics, or guidance — it is solely a procedural notice informing investors of the result release date and teleconference details. Key points: FY26 full year results for the year ended 30 June 2026 will be released on 20 August 2026; A live webcast and teleconference briefing is scheduled for 11am NZ time (9am AEST) on 20 August 2026; SkyCity is listed on both the NZX (SKC.NZX) and ASX (SKC.ASX)

7 Jul 2026 Sph Neutral

SPH Notice - AustralianSuper Pty Ltd

AustralianSuper Pty Ltd changed substantial holding from 8.32% to 6.95%.

24 Jun 2026 Sph Neutral

SPH Notice - AustralianSuper Pty Ltd

AustralianSuper Pty Ltd changed substantial holding from 10.29% to 8.32%.

19 Jun 2026 Neutral

Resolution of Adelaide Independent Review

SkyCity Entertainment Group Limited has reached a non-binding heads of agreement with South Australia's Commissioner for Liquor and Gambling to resolve all outstanding regulatory matters from an independent review, involving a total fine of A$21 million payable in three equal instalments over two years, plus enhanced governance and compliance commitments for the Adelaide Casino including an independent board and local leadership structure.

16 Jun 2026 Neutral

Issue of Restricted Share Rights

SkyCity Entertainment Group Limited issued 873,580 restricted share rights (RSRs) to senior executives on 15 June 2026, with each RSR convertible to one ordinary share on 9 September 2028 subject to continuous employment and meeting financial and non-financial performance hurdles. The RSRs represent 32% of the total class of financial products issued and were granted as non-cash consideration for services rendered.

5 May 2026 Neutral

Issue of Restricted Share Rights

SkyCity Entertainment Group Limited issued 1,847,003 restricted share rights (RSRs) to senior executives on 4 May 2026, with each RSR convertible to one ordinary share on 9 September 2028, subject to continuous employment and performance hurdles based on total shareholder return (60%) and transformation/risk targets (40%).

4 May 2026 Sph Neutral

SPH Notice - New Zealand Superannuation Fund Nominees Ltd

New Zealand Superannuation Fund Nominees Ltd changed substantial holding from 4.526% to 5.748%.

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