Vector underlying FY earnings flat in tilt from regulated business; sees more of the same in 2018

Wed, 23 Aug 2017

By Paul McBeth Aug. 24 (BusinessDesk) - Vector posted a 0.3 percent increase in annual underlying earnings and says next year's result will be largely the same as the electricity, gas and telecommunications utility continues to branch out from its regulated network business. Earnings before interest, tax, depreciation and amortisation from continuing operations increased to $474.4 million in the 12 months ended June 30 from $473 million a year earlier, a level the Auckland-based in 2018, it said in a statement. Vector has been on the pro...

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