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SKC - Skycity Entertainment profile

This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.

Skycity Entertainment 


NZX code: SKC
Short name: Skycity Entertainment
Legal name: Skycity Entertainment group Limited
Industry sector: Gambling
NZX50 rank: 16 of 50
Head office address: Level 13, 99 Albert Street, Auckland 1010
Chairman: Rob Campbell
Chief executive: Michael Ahearne
Financial year ended: June
Locations: New Zealand, Australia
Auditor: PwC
Bankers: ANZ, CBA, BNZ, NAB, Westpac

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Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye June mln mln cents
2016 $998.7 $146 24.3
2017 $927.3 $45 6.8
2018 $813.8 $170 23.7
2019 $802.3 $145 23.8
2020 $641.7 $235 35.4

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B. Recent financial position summary:

fye June bln bln %
2016 $2.35 $1.24 52.8
2017 $2.28 $1.21 46.9
2018 $2.54 $1.39 45.3
2019 $2.55 $1.40 45.1
2020 $2.79 $1.35 51.6

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C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye June mln mln mln
2016 $305.2 $268.1 $90.3
2017 $279.5 $313.1 $56.7
2018 $289.1 $269.9 $76.0
2019 $252.3 $286.7 $41.6
2020 $120.2 $107.5 $54.2

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Description of trading activities 

Skycity Entertainment is a gambling and entertainment company in Auckland. It owns and operates five casinos in New Zealand and Australia. This includes restaurants, luxury hotels, convention centres and the Auckland Sky Tower.

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CEO profile

Michael Ahearne was appointed CEO in November of 2020. He has had experience in the gaming industry with both physical and online casinos. He previously held a senior role at Paddy Power Betfair. He is a qualified accountant and has an MBA from the University of Technology in Sydney. 

Chairman profile

Rob Campbell was appointed chairman on January 1st of 2018. He is also the chair of Summerset Group Holdings Ltd, Ultrafast Fibre Ltd, New Zealand Rural Land Company Ltd and is a director of Precinct Properties NZ Ltd.


Company website:
Investor information:
NZX listing:
Annual reports:

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