FIRST CUT: Contact Energy FY operating earnings up 12%

Sun, 11 Aug 2019

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...

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