Electricity gentailer Mercury ups earnings guidance $25m
More rain and expected higher spot prices drive up earnings forecast.
Electricity gentailer Mercury has upgraded its earnings guidance by $25 million off the back of more rain and forecasts of higher spot prices.
In an NZX announcement, the company has revised its full-year 2020 ebitdaf guidance from $485m to $510m.
The upgrade was due to:
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