Earnings reports to show which way wind blows for gentailers

Earnings reports for gentailers start rolling in next week. (Image: NZME)

Fri, 16 Feb 2024

The wider public is likely to focus on profits and higher charges, while shareholders will be looking at dividends and long-term earnings when the major electricity companies report their half-year earnings in the coming weeks.Within the sector, much of the examination will be on whether decisions on new generation investments are firming up, any smoke signals on the Tiwai Point aluminium smelter’s future and the companies’ views on the direction regulators are taking.Contact will be the first out of the blocks on Monday, with Mercu...

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