FilingReader Intelligence
Mercury NZ revises FY25 EBITDAF guidance downward to $760m
April 21, 2025 at 08:05 AM UTC•By FilingReader AI
Mercury NZ (NZX:MCY) announced a revision to its FY2025 EBITDAF guidance, decreasing it from $820m to $760m, citing ongoing dry conditions in the Taupo catchment and projected below-mean hydro inflows. This revision reflects an expected 150 GWh decrease in full-year hydro generation, now forecasted at 3,400 GWh. The company highlighted that Waikato catchment inflows were the lowest on record during the quarter ended March 31, 2025, impacting generation output.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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NZX:MCY•New Zealand Exchange
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