Mercury has reported strong operational performance for the quarter ended March 31 2024, driven by high yields, fuel diversity benefits, and telco connection growth.
The company achieved strong yields in all segments, attributed to mass market pricing and commercial and industrial contract renewals.
It also saw the positive impact of fuel diversity, with effective portfolio management delivering volume at high prices.
In addition, Mercury experienced growth in telco and mobile connections, adding 13,000 new connections.
