Contact Energy

Contact Energy was formed in 1996 and listed on the NZX in 1999. The company is the second largest generator of electricity in New Zealand with over 80% coming from renewable sources.

Contact operates two hydro stations, five geothermal power plants, two gas turbine plants and one diesel fired plant. The company is currently evaluating the feasibility of building another geothermal plant in the North Island. Contact also supplies households with piped natural gas, broadband internet and bottled LPG gas through subsidiary, Rockgas.

The company is dual listed on the NZX and ASX and appointed Mike Fuge as CEO in 2019.


Company Details

Registered Office: Harbour City Tower, 29 Brandon Street, Wellington 6011
Postal Address: PO Box 10742, The Terrace, Wellington 6143
Telephone: +64 4 499 4001
Facsimile: +64 4 499 4003
Website: http://www.contactenergy.co.nz/
First Listed: 11/05/1999
Balance Date: 30 June
AGM: 15/11/2023

Directors and Executives

Kirsten Clayton
Company Secretary
Dorian Devers
Chief Financial Officer
Sandra Dodds
Independent Non-Executive Director
Mike Fuge
Chief Executive Officer
Jon Macdonald
Independent Non-Executive Director
Rob McDonald
Independent Chairman
Rukumoana Schaafhause Independent Non-Executive Director
David Smol
Independent Non-Executive Director
Elena Trout
Independent Non-Executive Director

Announcements

Title Date Type
ASX 3A.1 Notification of dividend Tue, Feb 20 2024 03:36 pm GENERAL
CEN performance demonstrates underlying business health Mon, Feb 19 2024 08:30 am HALFYR
January 2024 Operating Report Mon, Feb 19 2024 08:30 am MKTUPDTE
David Gibson to join Contact Board Thu, Feb 08 2024 08:30 am ADMIN
Webcast details - Contact Energy HY24 Results Presentation Mon, Feb 05 2024 11:52 am GENERAL
December 2023 Operating Report Wed, Jan 24 2024 08:30 am MKTUPDTE
Capital Change Notice - issue of unquoted PSRs and DSRs Tue, Dec 19 2023 04:42 pm SECISSUE
November 2023 Operating Report Thu, Dec 14 2023 08:30 am MKTUPDTE
Contact tops NZ companies in leading sustainability index Tue, Dec 12 2023 08:58 am GENERAL
Capital Change Notice - Equity Scheme Tue, Dec 12 2023 08:30 am SECISSUE

Major Holdings Announcements

Date Name No. Held % Current
30/08/22 BlackRock, Inc. and related bodies 38,996,074 5.00 5.00
28/01/22 Milford Asset Management Limited 47,603,648 5.06 6.11
03/08/21 The Vanguard Group, Inc. 23,689,934 5.00 3.05
06/11/20 Accident Compensation Corporation 35,839,262 5.05 4.99
28/02/19 AustralianSuper Pty Ltd 18,352,422 5.07 2.56
04/12/17 BlackRock Inc 17,264,681 5.38 2.41

Director’s Interests Announcements

Date Name No. Held % Details Other
15/11/23 Rukumoana Schaafhausen 1,295 - - -
26/10/23 Sandra Dodds 19,750 - - -
26/10/23 Dorian Devers 39,747 - - -
26/10/23 Michael Joseph Fuge 80,135 - - -
03/10/23 Jonathan Keith Macdonal 25,486 - - -
03/10/23 Elena Josephine Trout 23,407 - - -
03/10/23 David Smol 22,376 - - -
18/10/22 Rob McDonald 34,602 - - -
04/10/22 Victoria Helen Crone 22,389 - - -
19/03/21 Dame Therese Walsh 17,225 - - -
19/03/21 Whaimutu Dewes 23,081 - - -
15/06/20 Dennis Barnes 675,000 - - -
28/09/18 Graham John Cockroft 111,817 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 228.0 41.6 35.0 2,603.7 344.9 606.2
high 228.0 41.6 35.0 2,603.7 344.9 606.2
low 228.0 41.6 35.0 2,603.7 344.9 606.2
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 26/09/2023


Markets News

Wild ride in store for the New Zealand dollar
Economy

Wild ride in store for the New Zealand dollar

A rate hike would likely give the New Zealand dollar a big lift. 

Markets

AVJennings understated revenue from NZ operations by A$12m

Developer picked the mistake up through the half-year period.

AVJennings understated revenue from NZ operations by A$12m
Policy

Carbon prices wilt as market waits for govt signals

Climate Change Commission advice eagerly awaited.

Carbon prices wilt as market waits for govt signals
Markets Market close

NZ shares flat as earning season rolls on

The S&P/NZX 50 Index closed at 11730.88, down 9.931 points or 0.08%.

Gregor Thompson 26 Feb 2024
NZ shares flat as earning season rolls on
Markets

KFC operator's shares marginally down on big profit fall

Net expenses more than doubled, offsetting higher sales.

Gregor Thompson 26 Feb 2024
KFC operator's shares marginally down on big profit fall