- TO
BE PAID ON 1
APRIL
6.8
+6%
23
February 2021 – Mercury results for the half year ended 31
December 2020 showed lifts across all key financial measures
due to careful management of generation and retail
portfolios, astute contract trading and ongoing cost
control. This was achieved despite lower hydro
generation.
Chief Executive Vince Hawksworth
said Mercury had demonstrated resilience faced with ongoing
COVID-19 uncertainty, sustained elevated wholesale and
futures price for electricity and a highly competitive
environment.
With such conditions forecast to
continue, Mercury is pressing forward with changes to
deliver ongoing success.
Mercury recently announced an
executive restructure, which was implemented on 2 February.
“We are undertaking process and operational changes aimed