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Mercury NZ Limited (ASX:MCY)

ALERT: Price-sensitive ASX Announcement for MCY
Current share price for MCY : $5.730 0.45 (8.52%)+
Announcement
Release
22 Apr 2026 7:30AM
Price at Release
$5.280
Full Release
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Summary
Mercury NZ Limited announced an upgrade to its FY2026 EBITDAF guidance from $1.0 billion to $1.05 billion. This improvement is attributed to disciplined portfolio management and increased renewable generation forecasts, particularly from hydro and new generation sources. The guidance remains susceptible to changes from significant events or unforeseen circumstances, including altering hydrological conditions. Mercury, a producer of electricity from fully renewable sources and a retailer of various utilities, is dual-listed on the NZX and ASX under the ticker 'MCY'. The New Zealand Government retains a statutory minimum 51% shareholding in the company.
Key Points
  • Mercury NZ Limited has upgraded its FY2026 EBITDAF guidance to $1.05 billion.
  • The upgraded guidance reflects disciplined portfolio management and higher forecast renewable generation from hydro and new generation.
  • Guidance is subject to change based on material events, significant one-off expenses, or unforeseen circumstances such as changes in hydrological conditions.
  • The announcement was made by Mercury NZ Limited on 22 April 2026.
  • Mercury generates electricity from 100% renewable sources, including hydro, geothermal, and wind.
  • Mercury is listed on both the NZX and ASX with the ticker symbol 'MCY', and the New Zealand Government holds a minimum 51% shareholding.
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.