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MCY - Leadership changes at Mercury - sharechat co nz

MCY - Leadership changes at Mercury - sharechat co nz
sharechat.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sharechat.co.nz Daily Mail and Mail on Sunday newspapers.

Mercury revises up annual earnings forecast on better hydro

Mercury revises up annual earnings forecast on better hydro 21 Jan, 2021 08:44 PM 2 minutes to read NZ Herald Power generator and retailer Mercury said it had revised its operating earnings guidance upward for the current year to June thanks to an increase in hydro generation and a strong trading performance. The company now expects to report earnings before interest, tax, depreciation, amortisation and financial instruments (EBITDAF) of $535 million, up from a previous guidance of $505m. Read More Drought drives Mercury Energy profit down, but not dividend - NZ Herald Mercury downgrades earnings forecast due to dry weather - NZ Herald The company s EBITDAF for the June 2020 year came to $494m, down $12m on the prior year.

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