Friday 14th October 2022 |
Text too small? |
Favourable trading conditions in Q1 FY23, primarily due to higher hydro inflows and thermal generation flexibility have meant that EBITDAF performance in Q1 FY23 was higher than expected. Due to lower thermal generation, carbon emissions declined by 50% relative to Q1 FY22.
FY23 EBITDAF guidance has been updated from around $455 million to around $500 million. This remains subject to hydrological conditions, gas availability, and any material adverse events or unforeseeable circumstances.
Negotiations for Market Security Options remain ongoing and are not considered in guidance.
Genesis’ FY23 Q1 Performance Report is attached.
ENDS
No comments yet
Synlait confirms Bright Dairy vote received
SML - FY25 Results, North Island Assets Sale & Annual Meeting
September 29th Morning Report
HLG Full Year Results for the period ending 1 August 2025
TWR - Tower announces partnership with Westpac NZ
PaySauce charts Australian launch; reiterates guidance
September 26th Morning Report
Fonterra reports continued strong performance in FY25
Air NZ issues Australian $300 million Medium Term Notes
KMD - FY25 Annual Results Announcement