Pay TV operator Sky has reported a strong full year result boosted by a number of one-time items including the bargain $1.00 purchase of Discovery NZ."We finish this period a stronger Sky - larger, more diversified and increasingly digital, with greater audience scale and more opportunities for growth," chief executive Sophie Moloney said."The benefits of the expanded business are already evident. We now reach more New Zealanders across paid and free-to-air, broadcast and digital, giving audiences more choice in how they engage with Sky, while advertisers can connect with larger and more diverse audiences through a single integrated offering."Net profit for the year ended June of $59.4 million was more than twice the year earlier's $20.6m, reflecting the one time gain.Otherwise, underlying net profit was up 2 percent $41.8m when the $31.4m "gain on bargain purchase" of Discovery was excluded.Underlying revenue was up 9 percent to $826.1m.Still, Moloney said trading conditions were expected to remain challenging in the first half of the full year ending June 2027, with the timing and strength of economic recovery uncertain.It expected full year revenue of between $825m and $840m, with an underlying profit of between $155m and $165m.It will pay a full year dividend of 32 cents a share in the year just ended, with a dividend of at least 35 cents in the current year ending June 2027.Separately, Sky announced it had made an agreement with Premier League to extend their partnership by six years.The deal includes two seasons still remaining on Sky's current agreement with an additional coverage to the end of the 2033/34 season.