Vector

Vector is a diversified infrastructure group, with a portfolio of energy and fibre optic networks.

They are New Zealand’s largest distributor of electricity with over 18,000 kms of overhead lines and underground cables. The company is also the largest distributor of piped natural gas and bottled LPG to customers in NZ. In Auckland and Wellington, Vector provides high speed broadband through their fibre optic networks. To date the company has installed more than 1 million smart meters and has recently started building a network of EV chargers across Auckland.

Vector is one of the larger companies listed on the NZX with a market capitalisation of $4 billion and employing almost 800 people in 2020. Simon Mackenzie has been group CEO since 2008.

Company Details

Registered Office: Level 4, 101 Carlton Gore Road, Newmarket, Auckland 1023

Postal Address: PO Box 99882, Newmarket 1149

Telephone: +64 9 978 7788

Facsimile: +64 9 978 7799

Website: http://www.vector.co.nz/

First Listed: 15/08/2005

Balance Date: 30 June

AGM: 28/09/2023

Directors and Executives

Alastair Bell

Non-Executive Director

Bruce Hassall

Non-Executive Director

Jason Hollingworth

Chief Financial Officer

Paul Hutchison

Non-Executive Director

Simon Mackenzie

Chief Executive Officer

Doug McKay

Chair

Paula Rebstock

Deputy Chairman

Bruce Turner

Independent Director

Anne Urlwin

Independent Director

Announcements

Title	Date	Type
Operational performance for 9 months ended 31 March 2025	Wed, Apr 23 2025 08:30 am	GENERAL
Electricity Distribution Asset Management Plan	Mon, Mar 31 2025 01:22 pm	GENERAL
Corrected distribution notice	Wed, Feb 26 2025 01:09 pm	CORPACT
Vector delivers strong half year result	Wed, Feb 26 2025 08:30 am	HALFYR
Vector chief executive Simon Mackenzie to depart	Wed, Feb 26 2025 08:30 am	GENERAL
Vector announces completion of sale of its LPG assets	Mon, Feb 03 2025 08:30 am	GENERAL
Operational performance for the 6 months ended 31 Dec 2024	Fri, Jan 24 2025 08:30 am	GENERAL
Interim results 2025 date and investor webcast details	Tue, Dec 10 2024 09:27 am	GENERAL
Operational performance for 3 months ended 30 Sept 2024	Mon, Oct 21 2024 09:15 am	GENERAL
Results of annual shareholders’ meeting	Fri, Sep 27 2024 12:00 pm	MEETING

Major Holdings Announcements

No major holdings

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
10/09/20	Jonathan P Mason	33,500	-	-	-
03/03/20	Antony John Carter	20,000	-	-	-
13/11/19	Robert Thomson	-	-	-	-
20/11/18	Michael Buczkowski	1,322	-	-	-
24/10/17	Simon Mackenzie	22,000	-	-	-
26/07/16	M. Stianssny	13,966	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	201.9	20.3	17.0	1,289.2	376.7	596.2
high	201.9	20.3	17.0	1,289.2	376.7	596.2
low	201.9	20.3	17.0	1,289.2	376.7	596.2
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: 14/09/2023