FIRST CUT: Contact Energy FY operating earnings up 12%

FIRST CUT: Contact Energy FY operating earnings up 12%
Gavin Evans
By Gavin Evans Aug. 12 (BusinessDesk) -  Contact Energy said full-year operating earnings from continuing operations rose 12 percent, boosted by a strong performance from the firm’s generation and wholesale business. New Zealand's second-largest electricity and gas retailer said earnings before interest, tax, depreciation, amortisation and changes in financial instruments from continuing operations rose to $505 million in the year ended June 30, from $449 million a year earlier. That excludes the RockGas LPG business and the Ahuroa gas...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025