Meridian boosts dividend on higher energy margin
Revenue for the half was up 44% to $2.1 billion, offset by a 69% increase in operating expenses to $1.7b.
Meridian chief executive Neal Barclay.
Electricity generator and retailer Meridian has lifted its interim dividend as higher prices helped boost margins in the half year to December.
“This is a solid result overall, but the stand-out is a 3% lift in retail sales volumes over the same period last year,” said chief executive Neal
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