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Trustpower raises annual earnings forecast

Electricity prices are high as hydro lakes run low.

Jenny Ruth Mon, 15 Oct 2018

Trustpower has raised its earnings guidance for the year ending March 2019 by $10 million amid highly volatile trading conditions and elevated prices.

The electricity generator and retailer now expects earnings before interest, tax, depreciation, amortisation and financial instruments (ebitdaf)

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Jenny Ruth Mon, 15 Oct 2018
Contact the Writer: jruth@nbr.co.nz
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Trustpower raises annual earnings forecast
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