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Vector posts steady full year amid headwinds

Net profit up 16% as regulatory, Covid impacts offset growth.

Reweti Kohere Thu, 27 Aug 2020

Vector has delivered a steady full-year result in spite of Covid-19, a further write-down to its heat pump business, and a new five-year reduced cap on revenue.

The listed Auckland power and gas distributor is trading 2c up at $4.26 a share after recording net profit for the year to June 30 of

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Reweti Kohere Thu, 27 Aug 2020
Contact the Writer: reweti@nbr.co.nz
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Vector posts steady full year amid headwinds
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