Meridian CEO warns profits ahead likely to be lower
Neal Barclay says recent finding on market manipulation creates a lottery over compliance.
Wed, 26 Aug 2020
Meridian Energy’s top boss says shareholders can expect a return to its financial success but only once the energy market adjusts to the loss of the country’s biggest power user.
The listed electricity giant is trading 2c down at $5.10 after announcing net profit of $176 million for the year
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