MCY - FY2025 EBITDAF guidance revised to $760m

Mercury announced today that it has revised its FY2025 EBITDAF guidance from $820m to $760m. This reflects an expected 150GWh decrease in full year hydro generation to 3,400GWh owing to continued dry weather in the Taupō catchment, and projected below mean hydro inflows and lake level through to 30 June 2025.

FY2025 ordinary dividend guidance remains unchanged at 24.0 cents per share and stay-in-business capital expenditure guidance remains unchanged at $150m.

Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseen circumstances including changes to hydrological conditions.

ENDS

• FY2025 EBITDAF guidance revised to $760m

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CHI - Channel Infrastructure delivers solid FY25 financial result
February 27th Morning Report
TRU - Results Guidance FY2026
TRU - Results Guidance FY2026
MEE - Me Today announces six-month results to 31 December 2025
HGH - Heartland announces 1H2026 result
BRW - FY26 Half Year Results Announcement
February 25th Morning Report
Genesis completes NZ$100m Placement
MCY - Invests heavily in renewables; delivers strong performance