Mercury flags higher prices, higher profits
The electricity gentailer has increased full year earnings guidance, although costs dragged down its half year bottom line.
Mercury's Maraitai power station on the Waikato River.
Electricity generator and retailer Mercury has signalled a price rise for customers in April and increased its profit guidance for the full year on higher wholesale margins.
Announcing results for the half year to December, Mercury said although it had delivered a strong trading margin from its
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