{
  "id": 2894546,
  "title": "Chorus FY26 slides: fibre uptake reaches 75.9%, profit jumps to $37m",
  "url": "https://urgent.news/2026/08/23/chorus-fy26-slides-fibre-uptake-reaches-75-9-profit-jumps-to-37m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T23:14:26.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/chorus-fy26-slides-fibre-uptake-reaches-759-profit-jumps-to-37m-93CH-4872488"
  },
  "original_language": "en",
  "account": null,
  "summary": "Chorus, a telecommunications infrastructure provider based in New Zealand, reported strong financial results for FY26, with EBITDA reaching NZ$726 million and net profit increasing to NZ$37 million. The company's fibre uptake grew to 75.9%, while revenue rose from NZ$1,014 million to NZ$1,029 million, primarily driven by a 6% increase in fibre revenue. Operating cash flow also improved to NZ$740 million, supporting a 4% dividend increase. The company's strategic focus on growth, simplicity, and efficiency as part of its Horizon Two period (FY26-FY29) was evident in the financial dashboard, with fibre connections growing by 32,000 to reach 1.147 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "RNZ Business",
        "title": "Chorus boosts profit as fibre use rises, predicts AI will drive up earnings",
        "url": "https://urgent.news/2026/08/23/chorus-boosts-profit-as-fibre-use-rises-predicts-ai-will-drive-up",
        "published": "2026-08-23T21:25:14.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: Chorus posts stronger FY 2026 profit, lifts dividend outlook",
        "url": "https://urgent.news/2026/08/23/earnings-call-transcript-chorus-posts-stronger-fy-2026-profit-lifts",
        "published": "2026-08-23T22:58:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}