Z Energy downgrades earnings guidance in 'poor' first-half result
Z Energy share price down 9.34%, or 57c at market close. $228 million shaved off market capitalisation.
Dane Ambler
Thu, 01 Nov 2018
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"This is a poor set of financial results from our perspective," Z Energy chief financial officer Chris Day told analysts before releasing its first-half results.
"A number of operational challenges, external and internal, have occurred over the last year.”
The company has reported a 74%
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Dane Ambler
Thu, 01 Nov 2018
Contact the Writer: dane@nbr.co.nz
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Z Energy downgrades earnings guidance in 'poor' first-half result
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