Trustpower

Trustpower is a large electricity generator and energy retailer with a 2020 market capitalisation over $2 billion. More than 99% of the power the company generates is from renewable hydroelectric sources. Trust Power also offers customers piped natural gas, bottled LPG, broadband and mobile products and services.

The company was listed on the NZX in 1994 and now employs over 800 people. David Prentice was appointed CEO in 2020.

Company Details

Registered Office: 108 Durham Street, Tauranga 3110

Postal Address: 108 Durham Street, Tauranga 3110

Telephone: +64-27-582-6600

Facsimile: n/a

Website: www.trustpower.co.nz

First Listed: 18/04/1994

Balance Date: 31 March

AGM: 22/09/2021

Directors and Executives

Kevin Baker

Director

Joanna Breare

Independent Director

Sheridan Broadbent

Independent Director

Peter Coman

Non-Executive Director

David Prentice

Chief Executive Officer

Paul Morton Ridley-Sm Chairman

Michael Smith

Director

Announcements

Title	Date	Type
Manawa Energy - Annual Results Webcast	Tue, May 03 2022 08:30 am	GENERAL
Trustpower Limited (“TPW”) – Name and Ticker Code Change	Mon, May 02 2022 09:43 am	MEMO
Update on retail sale and Manawa Energy launch	Mon, May 02 2022 08:30 am	GENERAL
Trustpower releases quarterly update	Thu, Apr 14 2022 08:30 am	MKTUPDTE
Trustpower Market Update	Wed, Apr 13 2022 08:30 am	MKTUPDTE
TPW retail business sale:All substantial conditions now met	Mon, Apr 04 2022 08:30 am	GENERAL
David Gibson to leave Trustpower Board	Thu, Mar 24 2022 08:30 am	GENERAL
Operational update, sale of Retail business & FY22 guidance	Tue, Feb 15 2022 08:30 am	GENERAL
Trustpower releases quarterly update - Guidance unchanged	Fri, Jan 21 2022 08:30 am	MKTUPDTE
Ongoing Disclosure Notice for Kevin Baker	Fri, Dec 24 2021 08:34 am	SHINTR

Major Holdings Announcements

No major holdings

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
24/12/21	Kevin Baker	518,935	-	-	-
23/09/21	Sheridan Adelene Broadb	2,084	-	-	-
30/06/21	David Edward James Gibs	-	-	-	-
04/06/19	Vincent James Hawkswort	136,431	-	-	-
16/11/17	Steven John Fitzgerald	49,758	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	287.0	88.6	28.7	32.5	747.3	165.3	205.0
high	481.1	99.0	29.4	34.0	747.3	165.3	207.6
low	92.9	78.2	28.0	31.0	747.3	165.3	202.4
sample	2	2	2	2	1	1	2

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: 15/02/2022