Vector reports 16% EBITDA jump, cuts carbon emissions

Vector Group reported 16% growth in adjusted EBITDA to NZ$401.1m, with revenue rising 9% to NZ$893.5m. Net profit reached NZ$154.7m despite a NZ$37m gas network impairment.

The company achieved a 55% reduction in carbon emissions, exceeding its 2030 target, and declared a final dividend of 13 cents per share.