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 ...
Source: nzherald.co.nz