Vector worries regulatory price reset could curtail earnings
The power distributor, which reported first-half results today, will review its dividend policy.
Calida Stuart-Menteath
Tue, 26 Feb 2019
Power lines company Vector has warned regulatory action could curtail its ability to lift earnings and dividends.
The electricity, gas and telecommunications distributor’s first-half profit is up just over 5%, with revenue largely flat.
Vector’s net profit was $83.3m in the six months to
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Calida Stuart-Menteath
Tue, 26 Feb 2019
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