Wednesday, 22 August 2018

Announcement

MKTUPDTE: MCY: FY2018 EBITDAF guidance lifted to $530m

24 Jan 2018 08:30NZX
FY2018 EBITDAF guidance lifted to $530m

24 January 2018 - Mercury announced today that it has lifted its FY2018
EBITDAF guidance from $515 million to $530 million.

This is due to an expected 150 GWh increase in full year forecast hydro
generation due to continued wet weather in the Taupo area.

Annual hydro generation is now forecast to be 4,550 GWh for the financial
year, or 550 GWh above average.

Guidance may change and remains subject to any material events, significant
one-off expenses or other unforeseeable
circumstances including changes in hydrological conditions.

ENDS

For further information:
Media - Craig Dowling 0272 105 337
Investors - Tim Thompson 0275 173 470
End CA:00313338 For:MCY    Type:MKTUPDTE   Time:2018-01-24 08:30:08
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