Brief: Meridian Energy Says Q4 Total Inflows Were 95% Of Historical Average

Meridian Energy

15/07/2022 02:18

July 15 (Reuters) - Meridian Energy  MEL.NZ :
    * Q4 TOTAL INFLOWS WERE 95% OF HISTORICAL AVERAGE, 18% LOWER
THAN
Q4 LAST YEAR
    * MERIDIAN’S JUNE 2022 MONTHLY TOTAL INFLOWS WERE 144% OF
HISTORICAL AVERAGE
    * AT Q4-END, CO'S NEW ZEALAND CUSTOMER NUMBERS WERE 5.3%
HIGHER
VERSUS LAST YEAR
    * NEW ZEALAND RETAIL SALES VOLUMES IN JUNE WERE 6.5% HIGHER
THAN
JUNE 2021
    * Q4 TOTAL CAPITAL EXPENDITURE WAS 159.0% HIGHER COMPARED TO
Q4
LAST YEAR
    * IN Q4, MERIDIAN'S NEW ZEALAND GENERATION WAS 5.1% HIGHER
VERSUS
LAST YEAR AT A 29.8% LOWER AVERAGE PRICE

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