Australia's AGL Energy posts 21% lower annual profit

AGL Energy

12/08/2025 23:34

Aug 13 (Reuters) - Australia's AGL Energy AGL.AX posted a 21.2% drop in its full-year underlying profit on Wednesday, hurt by lower wholesale electricity prices and consumer margins.

The power producer posted an underlying profit of A$640 million ($417.79 million) for the year ended June 30, lower than the A$812 million reported a year ago.

That missed the Visible Alpha consensus estimate of A$653.2 million.

($1 = 1.5319 Australian dollars)

 (Reporting by Shivangi Lahiri and Nichiket Sunil in Bengaluru; Editing by Alan Barona)

 ((Shivangi.Lahiri@thomsonreuters.com))