Friday 14th October 2022 |
Text too small? |
Favourable trading conditions in Q1 FY23, primarily due to higher hydro inflows and thermal generation flexibility have meant that EBITDAF performance in Q1 FY23 was higher than expected. Due to lower thermal generation, carbon emissions declined by 50% relative to Q1 FY22.
FY23 EBITDAF guidance has been updated from around $455 million to around $500 million. This remains subject to hydrological conditions, gas availability, and any material adverse events or unforeseeable circumstances.
Negotiations for Market Security Options remain ongoing and are not considered in guidance.
Genesis’ FY23 Q1 Performance Report is attached.
ENDS
No comments yet
MPG - Metroglass clarifies media statements by Crescent Capital
VTL - Takeovers Panel orders Empire to reimburse Vital's expenses
March 14th Morning Report
SKT - Sky secures iconic sports rights
RYM - Ryman completes Retail Entitlement Offer
TEM - Transaction in Own Shares
FPH launches F&P Nova™ Nasal mask in NZ and AU
Fonterra announces changes to management team
March 12th Morning Report
WHS FY25 Interim Results teleconference details