Michael Boggs: NZME CEO on NZME returning to profit and what it means for the market

The head of NZME says the company has delivered a positive half year result, returning to profit. The media firm, owner of outlets including Newstalk ZB and the NZ Herald, has posted a net-profit after tax of $6.6 million dollars. Net debt reduced by nearly $14 million - to $19.4 million dollars.  Chief executive Michael Boggs says it's still a volatile environment.  "The market indicators still say that - well, consumer confidence is increasing, business confidence is increasing. Everyone's doing it tough." LISTEN ABOVESee omnystudio.com/listener for privacy information.