AGL Energy Limited reported a 9.1% increase in total revenue for the half-year ending 31 December 2025, totaling $4,449 million. Consumer customer revenue rose by 10.6% due to higher wholesale energy and network costs and increased volumes. Operating costs excluding depreciation and amortisation decreased by 3.0% to $877 million. Electricity sales volumes increased by 1.4%, while capital expenditure reached $652 million, with significant investments in sustaining and growth initiatives. AGL's network and green compliance costs rose, and the company undertook significant restructuring and transformation programs. The income tax expense was $41 million for the period.
Key Points
AGL Energy Limited's total revenue for the half-year ended 31 December 2025 was $4,449 million, an increase of 9.1% compared to the prior year.
Consumer customer revenue increased by 10.6% to $2,877 million due to higher wholesale energy and network costs as well as increased volumes.
A 5.7% increase in total revenue was recorded, amounting to $1,441 million.
Operating costs (excluding depreciation and amortisation) decreased by 3.0% to $877 million.
Customer electricity sales volumes increased by 1.4% to 18,422 GWh.
AGL recognized $55 million pre-tax for the Retail Transformation Program and $9 million for other transition costs.
Total capital expenditure amounted to $652 million, with sustaining capital expenditure increasing to $438 million.
Total network costs rose by 9.5% to $1,414 million due to higher consumer volumes and tariff rates.
Green compliance costs increased by 23.4% to $411 million.
AGL's income tax expense for the half-year ended 31 December 2025 was $41 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.