Mercury NZ Limited has revised its FY2022 EBITDAF guidance from $590 million to $570 million, with an expected 150 GWh decrease in full year hydro generation to 3,750 GWh due to dry weather in the Taupo catchment since the end of Q1-FY2022.
The impacts of any adjustments made to the guidance, including the contribution of the Trustpower retail business from completion of that transaction, acquisition accounting for the Tilt and Trustpower acquisitions, and a likely interim insurance payment arising from the unplanned outage of the Kawerau geothermal power station in June / July 2021, are yet to be finalised and will be provided in an update with the FY2022 Interim Results announcement on 22 February 2022.
Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseen circumstances.
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