AGL share price sinks following 55% profit dive
The AGL Energy Ltd (ASX: AGL) share price is down 7.3% in early trade on Thursday following on the company’s half-year results.
Source: fool.com.au
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AGL [ASX:AGL] Energy Sinks on Losses Caused By Decarbonisation
AGL Energy posts statutory loss after tax of $1.1 billion, drops 16% in EBITDA and 55% in net profit after tax — blames decarbonisation and national challenges.
Source: moneymorning.com.au
AGL cuts earnings guidance after Liddell outage
AGL cuts earnings guidance after Liddell outage Share AGL Energy has cut its earnings guidance for the 2021 full year to $500 million-$580 million from $560 million-$660 million following an accident at the ageing Liddell coal power station in the Hunter Valley, in a generally downbeat market update. The accident at Liddell has taken one of the four generators out of service for the crucial summer period when blackout and power shortages can be a threat in warm weather. The generator will be offline until March. JP Morgan analyst Mark Busuttil said the incident at Liddell shows the "unreliabi...
Source: afr.com