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Manawa cuts earnings outlook

Power generator cites 'challenging' first half.

Manawa Energy runs 26 hydro schemes from Bay of Plenty to Otago.

NBR Staff Tue, 18 Oct 2022

Power generator Manawa Energy has downgraded its earnings guidance for the year to March 2023, citing a range of factors including retaining hydro storage in expectation of higher prices in 2024.

In a statement to the NZX, Manawa said it was now expecting earnings before interest, tax, depreciation,

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NBR Staff Tue, 18 Oct 2022
Contact the Writer: editor@nbr.co.nz
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Manawa cuts earnings outlook
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