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VCT Vector News Story

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nz flag iconLast trade - 00:00
UtilitiesConservativeMid CapNeutral

NZ's Vector Ltd rises on upbeat results

** Shares of Vector Ltd VCT.NZ rise as much as 3% to A$3.8600, their biggest intraday pct gain since February 17

    ** The energy company posts half-year adjusted EBITDA for continuing operations of NZ$202 million ($115.65 million), up 16% from last year

** VCT declares interim dividend of 12 NZ cents per share vs 9.25 NZ cents per share last year

** Company expects FY25 adjusted EBITDA to be in the range of NZ$400 million to NZ$415 million

** Stock down over 1% YTD, including session's moves

($1 = 1.7467 New Zealand dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com))

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