Trustpower issues FY22 guidance

Tue, 18 May 2021

Tauranga-based utility Trustpower expects operating earnings for the current financial year will be at or above the level achieved in the year to March 31, should it retain rather than sell its retail business.In a statement to the NZX, Trustpower said it expects earnings before interest, tax, depreciation, amortisation and changes in the value of financial instruments to be between $200 million and $225m in the year to March 31, 2022.It reported ebitdaf of $200.2m for the last financial year yesterday, saying at the time that it was not g...

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