Mercury NZ Ltd 2018 AR2
The report highlights Mercury NZ Limited's record financial and operational performance for the fiscal year ended June 30, 2018, driven by record hydro generation of 4,947 GWh due to strong inflows. The company achieved record EBITDAF of $561 million and a net profit after tax of $234 million. Mercury advanced its sustainability initiatives, maintaining its carbon-positive status as its forestry investments offset more than its total emissions. Additionally, the company expanded its renewable energy footprint by acquiring a 19.99% stake in Tilt Renewables and continued to promote the electrification of transport with 91 electric vehicles in its own fleet.
Company: Mercury NZ Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2018
Type: AR2
Pages: 109
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Mercury NZ Ltd
Annual Report
The report highlights Mercury NZ Limited's record financial and operational performance for the fiscal year ended June 30, 2018, driven by record hydro generation of 4,947 GWh due to strong inflows. The company achieved record EBITDAF of $561 million and a net profit after tax of $234 million. Mercury advanced its sustainability initiatives, maintaining its carbon-positive status as its forestry investments offset more than its total emissions. Additionally, the company expanded its renewable energy footprint by acquiring a 19.99% stake in Tilt Renewables and continued to promote the electrification of transport with 91 electric vehicles in its own fleet.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees