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Unison declares dividend, looks forward to tariff reform

Staff reporters
Thu, 22 Jul 2021

Hawke’s Bay electricity lines company Unison Networks has declared a $15.8 million final dividend for its shareholders, the Hawke’s Bay Power Consumers’ Trust.This followed a better than expected net profit of $33m.Earnings before interest, tax, and financial instruments (EBITF) were $59.4m, marginally down by $1m or 1.7% on last year’s result.This result included a one-off transmission settlement payment of $3m. Excluding this extraordinary item, adjusted EBITF was $62.4m, up $2m on last year.The regulated lines busines...

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