Brief: Mercury NZ Says FY Net Profit After Tax Was NZ$141 Million

Mercury NZ

16/08/2021 21:36

Aug 17 (Reuters) - Mercury NZ Ltd  MCY.NZ :
    * FY21 NET PROFIT AFTER TAX WAS NZ$141 MILLION, DOWN NZ$68
MILLION
ON PREVIOUS YEAR
    * BOARD HAS APPROVED A FULLY IMPUTED FINAL DIVIDEND OF 10.2
NZ
CENTS PER SHARE
    * ACQUISITION OF TILT RENEWABLES' NEW ZEALAND ASSETS WILL
INCREASE
MERCURY'S TOTAL ANNUAL GENERATION BY OVER 1,100GWH
    * MERCURY'S FY22 EBITDAF GUIDANCE HAS BEEN SET AT NZ$590
MILLION
    * FY22 ORDINARY DIVIDEND GUIDANCE IS 20.0 NZ CPS
    * FY22 STAY-IN-BUSINESS CAPEX GUIDANCE IS NZ$70 MILLION
    * FY RESULT ADVERSELY IMPACTED BY SUSTAINED PERIOD OF LOW
INFLOWS
INTO LAKE TAUPO, UNPLANNED OUTAGE AT KAWERAU GEOTHERMAL POWER
STATION


Further company coverage:  MCY.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))