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Price rises sustain Mercury results

Energy company delivers strong half-year, higher dividend.

Tim Hunter
Tue, 26 Feb 2019

Higher prices and geothermal generation helped Mercury Energy deliver a strong half-year result despite less favourable hydro conditions in its Waikato catchment.

Operating earnings for the six months to December were $302 million, just short of the previous year’s record of $304m.

However,

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Tim Hunter
Tue, 26 Feb 2019
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Price rises sustain Mercury results
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