Operator
Good day, and thank you for standing by. Welcome to SkyCity Entertainment Group Full Year 2026 Results Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I’d now like to hand the conference over to Mr. Jason Walbridge, Chief Executive Officer of SkyCity Entertainment Group. Please go ahead.
Jason Walbridge
Chief Executive Officer
Good morning, everyone. I’m Jason Walbridge, Chief Executive Officer of SkyCity Entertainment Group. Welcome to SkyCity’s presentation of our full year results for the financial year 2026 we announced to the NZX and ASX this morning. Before we begin, I’d like to acknowledge the tangata whenua of our SkyCity sites, Ngāti Whātua Ōrākei, Waikato-Tainui, and Ngāi Tahu, and acknowledge the Kaurna people, the traditional custodians of the land in Adelaide.
With me today in Auckland is Blair Woodbury, our Chief Financial Officer; and Callum Mallett, our Chief Operating Officer. On the call today, we will be going through the full year 2026 financial results presentation, and there will be time for questions at the end of the presentation.
Let’s move to Slide 5 for an overview of our FY ’26 results. We’ve delivered on our earnings guidance provided in May of $181.6 million, which is down 22.3% or $52.1 million on last year. Reported EBITDA is $120.5 million, down 44.2% or $95.6 million compared to last year due to several significant accounting adjustments, which Blair will talk to later in the presentation.