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Z Energy lowers earnings expectations

Fuel retailer sees 'unprecedented' discounting in first half

Reweti Kohere Thu, 12 Sep 2019

Weakened refining margins and “unprecedented” levels of discounting have hit Z Energy’s first five months of performance for 2020.

In a statement to the NZX this morning, the fuel retailer revised its 2020 earnings before interest, tax, depreciation, amortisation and financial instruments

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Reweti Kohere Thu, 12 Sep 2019
Contact the Writer: reweti@nbr.co.nz
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Z Energy lowers earnings expectations
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