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Mercury downgrades earnings guidance

Covid-19’s preliminary impacts and continued dry weather behind $10m drop.

Reweti Kohere Mon, 20 Apr 2020

Continued dry weather and preliminary impacts of Covid-19 have resulted in electricity company Mercury forecasting $10 million less in earnings for the year to June.

The listed gentailer has revised full-year ebitdaf guidance to $490m, previously set at $500m in February. The revised figure is

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Reweti Kohere Mon, 20 Apr 2020
Contact the Writer: reweti@nbr.co.nz
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Mercury downgrades earnings guidance
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