Infratil downgrades annual earnings guidance
Its 66% owned company Tilt Renewables also announced a share buyback.
Wellington-based investment company Infratil has downgraded its full-year guidance, due to accounting changes rather than any major impact from Covid-19.
Infratil now expects earnings before interest, tax, depreciation, amortisation and fair value adjustments (ebitdaf) in the year to March 31 to
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