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Genesis Energy drops full-year guidance

A ‘very dry’ February, planned station outage behind expected $5m drop in earnings.

Reweti Kohere Thu, 23 Apr 2020

Genesis Energy has revised down its full-year earnings guidance range by $5 million due to below-average inflows, low hydro generation and a planned power station outage.

In a third-quarter performance update, the listed gentailer was expecting earnings for the year to June 31 to be between

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Reweti Kohere Thu, 23 Apr 2020
Contact the Writer: reweti@nbr.co.nz
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Genesis Energy drops full-year guidance
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