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Mercury ratchets up earnings guidance

Listed gentailer sets full-year guidance at $535m, $30m more than it previously thought.

Reweti Kohere Fri, 22 Jan 2021

Mercury has ratcheted up its full-year earnings guidance by $30 million as it anticipates better hydro generation by June’s end.

The listed gentailer expects to earn $535m for the year to June 30, up from last September’s $505m forecast.

It should generate 3900GWh of electricity from its

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Reweti Kohere Fri, 22 Jan 2021
Contact the Writer: reweti@nbr.co.nz
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Mercury ratchets up earnings guidance
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