Radio
Now Playing
Quickyla Radio โ€” Click to play
Open โ†’
3 min left
Back to News

Mercury NZ FY26 Profit Rises

(RTTNews) - Mercury NZ Limited (MCY.AX, MCY.NZ) reported fiscal 2026 net profit after tax or NPAT of NZ$321 million compared to NZ$1 million, last year. EBITDAF was NZ$1.07 billion, an increase of 36โ€ฆ

Mercury NZ FY26 Profit Rises
Nasdaq News โ€” 17 August 2026
Text:
14 0 0

(RTTNews) - Mercury NZ Limited (MCY.AX, MCY.NZ) reported fiscal 2026 net profit after tax or NPAT of NZ$321 million compared to NZ$1 million, last year. EBITDAF was NZ$1.07 billion, an increase of 36% from prior year. Operating earnings was supported by higher hydro generation, new renewable generation and lower operating costs from ongoing productivity initiatives. For fiscal 2027, the company expects EBITDAF of NZ$1.075 billion. Mercury Chief Executive Stew Hamilton said, "We are converting strong financial performance into new generation, greater system resilience and the capacity to support New Zealand's future economic growth." Mercury NZ shares are trading at NZ$6.81 on New Zealand Stock Exchange, up 2.56%. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

(RTTNews) - Mercury NZ Limited (MCY.AX, MCY.NZ) reported fiscal 2026 net profit after tax or NPAT of NZ$321 million compared to NZ$1 million, last year. EBITDAF was NZ$1.07 billion, an increase of 36% from prior year. Operating earnings was supported by higher hydro generation, new renewable generation and lower operating costs from ongoing productivity initiatives. For fiscal 2027, the company expects EBITDAF of NZ$1.075 billion.

Mercury Chief Executive Stew Hamilton said, "We are converting strong financial performance into new generation, greater system resilience and the capacity to support New Zealand's future economic growth."

Mercury NZ shares are trading at NZ$6.81 on New Zealand Stock Exchange, up 2.56%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

Read Full Story at Nasdaq News โ†’
Advertisement
"We are converting strong financial performance into new generation, greater system resilience and the capacity to support New Zealand's future economic growth."
โ€” Nasdaq News
React:
Sources
Sponsored

More to Read

Couple holds monthly money dates, avoiding financial argumeโ€ฆ
๐Ÿ“ˆ Markets & Finance
Couple holds monthly money dates, avoiding financial arguments for ten years
Business Insider Mkt ยท 13 days ago
Progressive's Combined Ratio Widened to 87.1 Last Quarter. โ€ฆ
๐Ÿ“ˆ Markets & Finance
Progressive's Combined Ratio Widened to 87.1 Last Quarter. What That Says About the Growtโ€ฆ
Nasdaq News ยท 11 days ago
HubSpot cuts customer-growth forecast to 5,000 per quarter
๐Ÿ“ˆ Markets & Finance
HubSpot cuts customer-growth forecast to 5,000 per quarter
Nasdaq News ยท 12 days ago
Iran voids 60-day nuclear negotiation deadline with US
๐ŸŒ World News
Iran voids 60-day nuclear negotiation deadline with US
France 24 ยท 2 days ago
Sanguinetti directs poetic debut on childhood in Argentina
๐ŸŽฌ Entertainment
Sanguinetti directs poetic debut on childhood in Argentina
Variety ยท 10 days ago
Idlib residents celebrate court's death sentence for Assad,โ€ฆ
โš”๏ธ War & Conflict
Idlib residents celebrate court's death sentence for Assad, former officials
Al Jazeera ยท 8 days ago
Full view