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Electricity netback rose 11.6% as strategic and digital initiatives advanced, despite lower sales.

Hydro generation surged and EBITDAF guidance was raised, reflecting strong operational momentum.

Record earnings, robust renewables growth, and NZD 400m equity raise support FY 2032 outlook.

FY26 EBITDAF guidance raised on strong Q2, record-low thermal, and robust renewables progress.

High hydro output, rising margins, and digital progress support robust Q1 FY26 performance.

ChargeNet's strategic growth in public EV charging is unlocking high-margin, scalable value.

Accelerating renewables, digital transformation, and flexible operations drive resilient growth.

High engagement, safety, and community investment drive sustainable performance and shared value.

AI adoption is driving margin growth, efficiency, and transformative business value.

Biomass transition advances with fixed pricing, supply chain growth, and coal plant conversions.

Flexible gas sourcing, storage, and LNG readiness drive resilience amid NZ market challenges.

Strong financials, strategic renewables growth, and robust governance marked the AGM.

FY 2025 delivered robust EBITDA growth and margin gains, with positive outlook to FY 2028.

Electricity sales and customer base grew, with major steps taken to secure long-term energy security.

EBITDA up 7% to NZD 216.5m; strong retail, renewables, and flexibility drive outlook.

Accelerated digital and retail transformation targets net zero, renewables, and EV leadership.

Targeting 500MW solar by FY28, with Lauriston Solar Farm and digital upgrades driving growth.

Challenging year with lower earnings, strategic reset, and strong focus on renewables and growth.